Property · 2 recorded sales since 2013
Listing Agent: Frank Lopez (DRE #01041630) · Listing Office: Century 21 Masters · Contact: 909-595-6697 · Bought with: Frank Lopez · Century 21 Masters · MLS #PW13207718 · Source: CRMLS
Back on the market as of 12-9-13. A 11,000 square feet building with strong cash flow. (Building 11,175 square ft per assesor record.) Superior cap rate and Gross Rent Multiplier. Well maintained and well managed units. But Owner is retiring and ready to sell. And no rent control. Owner has done extensive updating with tile throughout most of the units and copper plumbing, and large capacity water heater. Most units are two bedrooms but assesor record shows fewer bedrooms than actual. Expenses including utiltiies very reasonable. Subject to cancellation of previous escrow.
Listing description from the March 2014 sale, as reported to CRMLS.