Exceptional Opportunity: centrally-located, on quiet street, close to good amenities in the San Gabriel Valley. Three non-conforming units (front: 4 bdrms, 2 bths; converted detached garage: 1+1; rear: 3+1). The rear unit and the garage conversion do not appear in the tax assessors sqft of 932 but have been in existence for an extended period of time. Stable tenants now on month-to-month. Gross yearly income is $43,800 w/ minimal expenses. Tenants pay for all utilities. Optimal 5.22% cap rate, 15.50 gross multiplier. Property to be sold "as is" in its present condition, with no guarantee and retrofitting, subject to buyers inspections. Interior inspection only after accepted of fully-documented offer, with current proof of funds, FICO scores, and prequalification. Compare, drive by and submit offer: amazing value, great bread and butter investment!
Bedrooms: 8
Bathrooms: 4
Square feet: 2,700
Price: $679,000
For more information about this property, please contact Mai Phan-Matthesen at 818-512-8913 or maiandteam@sbcglobal.net. You can also text 5953568 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).
See more listings at: www.REOTeamLA.net
MLS ID: SR20005305
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