Property
Listing Agent: Kristopher German (DRE #01800021) · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Botthyda Chan · Re/Max Top Producers · MLS #CV23171901 · Source: CRMLS
This property, meticulously crafted by the original builder, has now made its debut in the market for the very first time since its construction. The units are two-story townhouse style units, located in a prime rental area, and the seller is offering very attractive private seller financing. Residents benefit from the convenience of private garage parking, along with the luxury of private backyards and interior laundry hookups. While tenants are responsible for electricity and gas expenses, the seller covers water and trash fees. Despite the commendable property management by the owner, rental rates have been kept overly conservative, thereby presenting the next investor with a significant upside potential of over 57% in rental income. Seller private financing terms; 30% down payment, 7% interest-only payments, due in 5 years.
Listing description from the October 2023 sale, as reported to CRMLS.