A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. 6% investment return cap rate. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools.
Listing Courtesy of Richard Mao , Promax Investment & Develop
PROPERTY INFORMATION
Parking Description
Private Lot
EXTERIOR
Construction
Stucco, Frame
Lot Description
Mid-Block, BART Nearby, City Lot, Commercial, Freeway Nearby
Listing Courtesy of Richard Mao , Promax Investment & Develop