The property consists of 62 units within4 two-story residential buildings that face an interior courtyard with a sparkling blue pool. The concrete block and stucco construction was built in 1974 but has been through several cycles of renovation, the last being in 2012-13 which included a remodel of pool including bringing up to new codes, new roof, parking lot resurfacing, new chiller compressors, as well as a majority of the units remodeled. The property has laundry facilities, as well as a nice common area. Please drive by only and do not disturb tenants.
CASH FLOW 9 UNITS. CAP RATE of about 7% on these recently remodeled 9 condo units in the HOT ARCADIA Rental Corridor! HOME WARRANTIES with HVAC INCLUDED ON EACH UNIT! According to Seller, New Owner can add on and build up to 30 feet high. Walk to stores and restaurants and just a couple of miles from the BILTMORE CORRIDOR! Do not wait on these or they will be gone! NO LOI's...purchase contracts only. Drive By Only. Taxes shown include TOTAL FOR ALL 9 UNITS.
Turn Key 6 Plex - Ready for your immediate purchase. All the rehab and work is done. This fully remodeled 6 plex features 4 one bedroom units, 1 two bedroom unit and the "Managers" house in addition there are 6 carports and a coin operated laundry room. The complex has received new roofs, new interior tile floors, remodeled bathrooms with tile, granite counter tops and new doors in all units. There is also a laundry room with coin operated machines and a storage room. There is currently a manager in place and 2 bedroom unit is rented out. Don't miss this truly turn-key operation, it's time to collect the rent checks.
Biltmore - Arcadia area with room for everyone. This property has so much to offer. There is a single-level 3bd/2 ba home (approx 1,350sf) with a2 car garage & private exterior laundry room & yard. Attached to the home is a 2bd/2ba townhouse-style guesthouse (approx 900sf) with its own enclosed yard. If that is not enough, there is a bonus detached duplex behind the home with individually metered 1bedroom 1 bath units, each (approx 600sf) with their own small yard and a cash-generating laundryroom. Ample covered parking is available also.
Custom 4-plex in Biltmore/Arcadia area. Rent all of the units or live in one and rent the other units! Unit #1: 2 bed, 2 bath, 1500+ sq ft, huge dining room, washer/dryer. Unit #2: 2 bed, 2 bath, 1200+ sq ft, huge rooms, washer/dryer. Unit #3: 1 bed, 1 bath, 575 sq ft. Unit #4: Studio with full kitchen and bath, 360 sq ft. Amenities: Covered carport parking, On-site laundry, Separate storage areas for each unit, Refrigerators in each unit, Gas & electric - individually metered, Water & Wifi included in rent, Private patio areas for each unit, Large grounds, Quiet & beautiful neighborhood & Great location! Please Do Not Disturb Tenants.
Age: Over 50 Years Old
Amenities: Patio, Security System, Security System
Main home has 3 bedroom, 3 bathrooms. Gorgeous updated kitchen (2011) in main house features stainless appliances and neutral colored Quartz counters. New A/C. Spacious living room with French doors providing natural light with laminate wood flooring. Charming guest bathroom has original retro tile. Large master has 3/4 bath with backyard exit. 2nd guest bath offers 3/4 bath with front exit. End units are efficiency with kitchenette and baths. Don't miss the sunroom with another bath and kitchenette minus cooktop. Irrigation watering, mature trees and new exterior paint.
Excellent Condition and Fully Occupied! This 4 unit multi family property is located at 38th St and Thomas--close to shopping, bus routes, light rail, and freeways. There are 2 two bedroom units and 2 one bedroom units. Units are individually metered for electricity and gas! Fully occupied for maximum cash flow! Long term tenants and home warranty transfers to buyer!
Excellent Condition and Fully Occupied! This 4 unit multi family property is located at 38th St and Thomas--close to shopping, bus routes, light rail, and freeways. There are 4 one bedroom units. Units are individually metered for electricity and gas! Fully occupied for maximum cash flow! Long term tenants and home warranty transfers to buyer!