Excellent rental building for the investor with savvy!! Evaluate the opportunity in this Fourplex!! Current rents are low, and the seller has not increased the rents since 2017. 1 Unit is vacant ready to move in or maybe owner-occupied, the market rent is $1,800. The two upstairs units were recently renovated. Including granite countertops in the kitchen, laminate flooring, and updated bathrooms. Plus, the whole building has double-pane windows. It is centrally located on a cul-de-sac with easy access to freeways and has lots of potential. Monthly Income $4,950, Annual Gross Income 59,400, Current GRM 12.44.
Courtesy of Intero Real Estate Services, Hugo Hoyos
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