Investment Highlights
- Excellent Cap Rate of 5.36% with an estimated rental upside
potential of $50,000/yr. Cash-On-Cash Return of 11.98% at market
rents. Not Subject to AB-1482
- Historical Asset that has been completely
renovated in 2014 (New Copper Plumbing, New Drainage, New
Electrical, New Roof, New Concrete Parking Area and Driveway,
New Interior Renovation, New Back House Built in 2014, New Garage Built in 2014 (with Professional Automobile Lift) that can be
potentially converted into an ADU.