Now available, a well-maintained 4-unit multi-family property offering a solid investment opportunity in a desirable location. The unit mix includes two spacious single-level 2-Bedroom/1-Bath units and two 1-Bedroom/1-Bath units, totaling 2,600 square feet of rentable space on a 7,840 square foot lot. Each unit is separately metered for electricity and gas, while the owner pays for water and trash.
The property features updated electrical systems and tenant-friendly amenities including garage parking and an onsite laundry facility, enhancing tenant convenience and retention. With a current **11.8 GRM** and **6.3% CAP rate**, this asset offers immediate cash flow and long-term upside for investors. The owner is in the process of updating the roof on the front structure. This property can be purchased together with the adjoining 4-unit property at **4250 10th Street**, offering a rare chance to acquire 8 total units side by side. This is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.
2,600 Sq Ft
7,840 Sq Ft Exterior Space
Apartment
Built in 1936
MLS/Listing ID CV25104984
1 Stories
4 Units
Shingle
Community - Hiking
Community - Street Lights
Community - Sidewalks
Chain-link
Common Area
Parking - Assigned
Parking - Garage
Listing Courtesy of RE/MAX 2000 REALTY, KRISTOPHER GERMAN - 626-427-0786
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE