Description
Great Investment Opportunity - Seven-Plex in Prime Commercial Location--Don't miss this rare opportunity to own a well-maintained 7-unit apartment complex in a highly desirable rental area. This property features six spacious 1 bed / 1 bath units, each with a living room, and one studio unit, which will be delivered vacant at the close of escrow perfect for owner-occupancy or to rent at market rate.Highlights:Section 8 tenants in all six 1-bedroom units, providing rental incomeGross monthly rent: $8,100All units remodeled within the past year, including brand-new interior paint, neccessary repairs done.All-6 - units passed Housing Authority inspections, Studio will be vacant and ready to move inNew roof on detached garage structureUnits equipped with window A/Cs and wall heatersBeautifully landscaped complex offering a pleasant living environmentFreeway access nearby, along with restaurants and parks great for tenants' lifestyle and commutePlease note: Interior photos are not current and provided only for layout reference. Current tenant privacy restricts updated interior photography. However, a video walkthrough is available please refer to the attached link.This property is ideal for investors looking for income in a strong rental market. Thank you for viewing!
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7BEDS
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0.15ACRES
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7BATHS
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01/2 BATHS
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3,220SQFT
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$264$/SQFT
School Information
Description
Great Investment Opportunity - Seven-Plex in Prime Commercial Location--Don't miss this rare opportunity to own a well-maintained 7-unit apartment complex in a highly desirable rental area. This property features six spacious 1 bed / 1 bath units, each with a living room, and one studio unit, which will be delivered vacant at the close of escrow perfect for owner-occupancy or to rent at market rate.Highlights:Section 8 tenants in all six 1-bedroom units, providing rental incomeGross monthly rent: $8,100All units remodeled within the past year, including brand-new interior paint, neccessary repairs done.All-6 - units passed Housing Authority inspections, Studio will be vacant and ready to move inNew roof on detached garage structureUnits equipped with window A/Cs and wall heatersBeautifully landscaped complex offering a pleasant living environmentFreeway access nearby, along with restaurants and parks great for tenants' lifestyle and commutePlease note: Interior photos are not current and provided only for layout reference. Current tenant privacy restricts updated interior photography. However, a video walkthrough is available please refer to the attached link.This property is ideal for investors looking for income in a strong rental market. Thank you for viewing!
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