Excellent turn-key investment. A great opportunity to own a beautiful duplex, centrally located in Arden Arcade on a quiet street with large yards. Both units have 2 bedrooms, 2 full baths, & a 1-car garage, featuring spacious Living Rooms w/ vaulted ceilings & cozy fireplaces, large Dining areas with sliding doors to patios and large private backyards. Master Suites & laundry hook-ups. Exterior recently painted. Tenants pay ALL utilities. Close to everything; award winning schools, shopping, parks & freeway access. PLEASE DO NOT DISTURB THE TENANTS. Both units are rented. Total annual rents are $39,468. GRM is 15.18 and 6.59% Cap Rate. Similar units in the neighborhood recently rented for $2,000 per month. Potential annual rents of $48,000 with a GRM of 12.48 and 8.01% Cap Rate! A fantastic investment opportunity.
|--||New Value: $599,000|
|11/30/2021 11:01:35 AM||New Value: Pending Bring Backup|
|11/16/2021 3:02:00 PM||New Value: $599,000|