$775,000
bedrooms
0
bathrooms
0
square feet
2,415
Acreage
0.19
Open Houses
-
year built
1950
Full Baths
0
Half Baths
0
Meticulously maintained and tastefully updated multifamily property in convenient and desirable location! Two 2bd/1bath units and three separate studios with a transferable ~$301k seller-carry note @ 5.25% for qualified buyer(s). Current price offers a fantastic ~8.574% cap rate with a proven track record of performance -- 3 units long term, 2 units short term; all units have been mindfully and continually updated. Many nearby amenities including parks, schools, shops, restaurants, entertainment, events, bike paths, bus lines, and more. Units available for showing w/ confirmation of appointment from LA. Please do not disturb tenants. Fifth unit noncomforming; buyer to do own due diligence regarding use with City and/or County. Without 5th unit counted in financials cap rate still ~6.381%. Also willing to decommission fifth unit for financed buyer with right terms! Be sure to reach out for the property pamphlet!
Location | |
Subdivision | - |
County | Lane |
Elementary School | Cesar Chavez |
Middle School | Arts & Tech |
High School | Churchill |
Find out more
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Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 15 2025 at 12:07 a.m. EST
Kotohomes National
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