8% investment return cap rate. A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools, BART.
0.66 Private Acres Exterior Space
Commercial
$20,870 Annual Tax
Built in 1989
MLS/Listing ID 41046945
Listing Courtesy of PROMAX INVESTMENT & DEVELOP, RICHARD MAO
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE