FULLY OCCUPIED 4-UNIT INVESTMENT OPPORTUNITY WITH RENTAL UPSIDE! 117 W. 9th Street offers an attractive unit mix of two 2BR/1BA and two 3BR/1BA units generating $7,220/month and $86,640/year in current gross scheduled rent. Existing rents of $1,650/$2,200 for the 2BR units and $1,360/$2,010 for the 3BR units demonstrate significant variation within identical bedroom counts and potential long-term income upside. Public records identify the property as an approximately 3,240 SF quadruplex on a 2,502 SF lot with LBR4N zoning. Offered at $1,399,900 ($349,975/unit). An excellent opportunity for an investor seeking in-place income today with potential income growth tomorrow. DO NOT DISTURB TENANTS. DRIVE BY ONLY. Offers subject to inspection.
Listing courtesy of Listing Agent: Kory Jackson (KoryJackson@gmail.com) from Listing Office: eXp Realty of California Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
