The Northern Lanai fourplex offers a 7.1% Cap Rate. The unit mix consists of one 3-bedroom/2-bathroom (fully remodeled) and three 2-bedroom/1-bathroom units. The building has a four car garage + more uncovered parking spaces and on-site laundry. Each unit has it's own private patio and is separately metered for electric. Total estimated annual gross income: $71,507.76. Drive-by Only, Do Not Disturb Tenants.
School DistrictGlendale Union High School District
High SchoolCortez High School
TypeMulti-Family
StatusSold
Exterior
Air conditioningElectric, Individual
Heat typeIndividual, Electric
Water SourceMaster Meter, City Franchise
SewerPublic Sewer
ParkingPaved, Free, Garage Door Opener, Attached, 1 Space Per Unit
RoofComposition
Finance
Sales Price$760,000
Maintenance Fee$7,225 monthly
Real Estate Tax$2,191 yearly
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