Fourplex · 2 recorded sales since 2016
Listing Agent: GURJEET BHATIA (DRE #01895064) · Listing Office: KB REAL ESTATE · Contact: 909-233-8003 · Bought with: OUT OF AREA · OUT OF AREA · MLS #IV18022484 · Source: CRMLS
Huge opportunity to own a very well-maintained income generating apartment complex with 4 units on a large lot. The property has long term tenants and very low expenses. It offers several amenities to its Tenants such as quiet tree-lined grounds with lemon and orange trees. Each unit has either a private patio or a deck, and there are 3 enclosed garages. In addition there is also additional car port and RV port for Tenants with larger vehicles. Only the front unit is manufactured. There are 2 units with a washer & dryer that will be transferred to the buyer. The property is also gated for enhanced privacy. The property is being offered at a generous 6.65% cap rate which is an excellent return on your investment. There is also an opportunity to develop the property further for additional units. One of the Best Deals in Town, Don't Miss It!
Listing description from the April 2018 sale, as reported to CRMLS.