Property Detail

Description

Prime rental location. Great unit mix of mostly 2 bedrooms with substantial upside in rents. Current cap is 6.97% with a proforma of 10.49%. There are 3 separate buildings and APN's which will allow a Buyer to sell them off individually in the future. Over 1/2 of the units have been renovated and the buildings have been recently painted. The building is in close proximity of Avalon Metro Station. Includes APN's 6051-022-31 and 6051-022-032.