Description
Investment and equity opportunity with a 7% cap rate. Property brings in $6,300 in monthly rents with long term tenants. House sits on 3 acres with views and a flat area at the top of the property with potential for additional building. There are a total of 4 units, three 2 bedrooms and a studio.
$999,000
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5BEDS
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3.08ACRES
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3BATHS
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11/2 BATHS
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2,985SQFT
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$335$/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1961
County:
Area:
Listing Agent(s): Jamie Manley of Room Real Estate ((831) 234-6683)
Description
Investment and equity opportunity with a 7% cap rate. Property brings in $6,300 in monthly rents with long term tenants. House sits on 3 acres with views and a flat area at the top of the property with potential for additional building. There are a total of 4 units, three 2 bedrooms and a studio.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T07:34:42.57. 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.