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Key Details
Sold Price $3,590,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 13,422 sqft
Price per Sqft $267
MLS Listing ID CL24345953
Sold Date 04/05/24
HOA Y/N No
Year Built 1963
Lot Size 0.392 Acres
Acres 0.39
Property Description
Value Add 17 unit building in the North Valley. Property is priced at a 5.94% current cap rate. Great unit mix of Studio, 1's, 2's and 3 bedroom units. Close proximity to public transportation, employment, and shopping. Proforma cap rate of over 8.29% and located in a dense rental area makes this an ideal value add building with no where to go but up. Property is also located in a Qualified Opportunity Zone. Make sure you check out the building video tour and OM. Call listing agent with any questions.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 2210003060
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with AshkanManzar
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