Description
Back on market, buyer did not perform. One unit possibly delivered vacant! We are pleased to present this turn-key, cash flowing four unit investment opportunity located in the Westlake submarket. Each unit is 2 Bedroom, 2 Bathrooms and all units have been thoroughly upgraded in 2017 with modern features, including open floor plans, high ceilings, brand new en-suite baths, brand new kitchens, and in-unit laundry machines. All major systems such as electrical and plumbing were upgraded as well, with new water heaters for each unit, and older windows being replaced with brand new ones. The units are separately-metered and building has low operating expenses due to all the major components being only 6 years old, ensuring a more passive investment and steady rental income on a year over year basis. This property is located in a prime area of constant growth that will always see abundant development activity and upstanding equity for years to come. 1704 Miramar St is a perfect all-around investment for first time income property buyers looking for passive cash flow or seasoned investors looking for a low-maintenance addition to their growing portfolio.
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8BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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3,984SQFT
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$358$/SQFT
School Ratings & Info
Description
Back on market, buyer did not perform. One unit possibly delivered vacant! We are pleased to present this turn-key, cash flowing four unit investment opportunity located in the Westlake submarket. Each unit is 2 Bedroom, 2 Bathrooms and all units have been thoroughly upgraded in 2017 with modern features, including open floor plans, high ceilings, brand new en-suite baths, brand new kitchens, and in-unit laundry machines. All major systems such as electrical and plumbing were upgraded as well, with new water heaters for each unit, and older windows being replaced with brand new ones. The units are separately-metered and building has low operating expenses due to all the major components being only 6 years old, ensuring a more passive investment and steady rental income on a year over year basis. This property is located in a prime area of constant growth that will always see abundant development activity and upstanding equity for years to come. 1704 Miramar St is a perfect all-around investment for first time income property buyers looking for passive cash flow or seasoned investors looking for a low-maintenance addition to their growing portfolio.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T07:37:36.257. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.