Description
Proposed Construction. Brand New 17 Unit Apartment Building that is in plan check, (12 )4BR 2.5 BA,( 5 )3BR 2.5 Ba BA if built out by developer can be completed in Spring of 2023.Completed Value $12,000,000. Net operating income when completed $476,100.00. Each unit will have Solar, 2 Car Garage, Gated Entry, and Pool. This is an Opportunity Zone Property which has tremendous tax benefits.Recently completed 5 unit complex on this same block, we just sold for $2.8 million.
-
0BEDS
-
1.52ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Proposed Construction. Brand New 17 Unit Apartment Building that is in plan check, (12 )4BR 2.5 BA,( 5 )3BR 2.5 Ba BA if built out by developer can be completed in Spring of 2023.Completed Value $12,000,000. Net operating income when completed $476,100.00. Each unit will have Solar, 2 Car Garage, Gated Entry, and Pool. This is an Opportunity Zone Property which has tremendous tax benefits.Recently completed 5 unit complex on this same block, we just sold for $2.8 million.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-17T09:28:25.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.