Property
Listing Agent: John Caronna (DRE #01898437) · Listing Office: Coldwell Banker · Contact: 925-253-4600 · Bought with: Sara Garabedian · Red Oak Realty · MLS #41034690 · Source: CRMLS
This is a 6.3 CAP rate, and only 10.9 Gross Rent Multiplier! Amazing, very well maintained classis 1940 style 5 unit building. Owner has spent over $435,000 in updates and improvements since 2018! Good upside in tenant turnover. All units are in great condition and all tenants have always paid rent!
Listing description from the August 2023 sale, as reported to CRMLS.