Address Undisclosed - Berkshire Hathaway HomeServices California Properties

Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

10 units available for sale in this 28 unit condominium complex. All units have same square footage and bedroom count, and floor plan. Each unit has its own individual laundry. All appliances convey. Great cash flow and investment opportunity for the right buyer. All 10 units can be sold together, or Buyer can buy 1 or more to add to their portfolio. Seller has discounted the price to accommodate buyer for this. Identical unit recently sold for $345,000-. Asking price on a per unit basis is at $295,000-. Rents are below market. A lot of upside potential. Rents averaging $2,100- per month. Seller may carry a 1st Deed of Trust with 50% down payment, upon approval of rate and terms acceptable to seller. Great returns at 5.5% cap rate, with room for rent increases!

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 41089101

List price is $2,950,000 Reduced by $40,950 on 6/5/2025

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1980

1.50 acres

Lot size: 1.5000

County: Contra Costa