Property · 2 recorded sales since 2014
Listing Agent: Jeanette Monfared (DRE #00765098) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jeanette Monfared · Marcus & Millichap · MLS #21726792 · Source: CRMLS
Highlights:-HARD-TO-FIND current cap rate of 6.07% and GRM of 11.8 !!!!!!!!!! No TRASH BILL. NO GAS BILL. No SEISMIC RETROFIT NEEDED !!!!!!!!! ALL UNITS HAVE INDIVIDUAL WATER HEATERS. Seven legal units and one non-conforming unit -Potential of turning the non-conforming unit into ADU( Buyer to verify independently)-Property is gated and secured-100% rent collection-Three units have private yards-THIS IS PROBABLY THE BEST PRICED-PROPERTY ON THE MARKET TODAY.
Listing description from the July 2021 sale, as reported to CRMLS.