Investment Highlights
Executive Summary
Spectacular investment opportunity! This incredible 9 unit asset is situated on a large open lot in the heart of everything that’s great about Southern California! The asset is comprised of One, 3 bedroom x 2 bath – One, 2 bedroom x 1 bath & Seven, 1 bedroom x 1 bath units. Each unit has it’s own garage (9 in total) with 6 additional onsite parking spaces. Onsite laundry generates an additional $125 per month with room to improve. Asset is well managed and beautifully maintained. Currently, rents are 10 to 15% below market in current condition. Rents can be increased by 5% + CPI as early as September 1st 2024. Located in close proximity to Schools, Parks, Shopping, Coffee shops, Restaurants and world famous Disneyland!
Property
Information
1976
Investment, Residential, Multifamily, Apartment