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$ 1,177,000
Est. payment | /mo
5,362 Sqft Lot
$ 1,177,000
Est. payment | /mo
5,362 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41100278
HOA Y/N No
Year Built 1918
Annual Tax Amount $17,726
Lot Size 5,362 Sqft
Property Description
Eight units (3 AirBnB, 5 long term tenants) with 8.25% IN PLACE cap rate. Levered ROI @ 15% with 25% down. New electrical meters and many renovated units. Solid value with architect study showing additional 4 ADU units possible for buyer. Projected $100k NOI for 2025.
Location
State CA
County Alameda
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 6
Others
Tax ID 8678222
Listed by Adam McClure • PORTIA+ROHM REALTY
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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