8 bed, 5 bath
Discover a prime investment opportunity with this expansive fourplex spanning 10,454 sq ft. Featuring 8 bedrooms and 4 bathrooms, each unit is individually metered for gas and electricity, minimizing owner expenses. With current rents near market levels, enjoy immediate, stable cash flow at a 6.3% capitalization rate. Ideal for 1031 exchange investors, this property offers significant upside with California statewide rent control allowing annual increases up to 5% plus CPI. Seize this rare chance to own a well-maintained, income-generating asset in a thriving area, promising strong returns and long-term growth potential.
To get more details (current pricing and photos) about this property and to search all properties in the area for free, go to my website:
https://johnmorrarealty.onehomesearch.site/709PopeDr/69921cdf13920f04625bc823
OR call our 24/7 information hotline at show contact info
and enter 108037.
OR for up-to-date pricing and photos text the code "108036" to show contact info
.