Fourplex
Listing Agent: Wayne Kam (DRE #01523171) · Listing Office: Movoto Real Estate · Contact: 650-445-0432 · Bought with: Guillean Arradaza · Kinetic Real Estate · MLS #41040032 · Source: CRMLS
Turn key 4-unit gated complex with 2 vacant units. One is a 3br unit and the other is a 1 bedroom for immediate owner-occupied investment. 4 units consist of a 3br/1ba, 2br/1ba, 1br/1ba, and 1br/1ba. 3 Units are fully remodeled with new floors, paint, kitchen, bathrooms, and windows. The exterior of the building has a fresh coat of paint. Gross rental income of $9725 (vacant 3 bedroom market rent is $3500 and 1 bedroom market rent is $2000. - The other 2 units occupied with section 8 tenants). Each unit has 2 tandem parking spaces. Do not disturb tenants. The vacant 3br unit and 1 bedroom can be viewed at any time. 4 PGE meters. Low yard maintenance. 1 water meter paid by owner. Trash paid by owner. Cash flow on day 1.
Listing description from the November 2023 sale, as reported to CRMLS.