Eko Multi-Purpose Center, CA homes for sale & real estate

Eko Multi-Purpose Center, CA Homes for Sale

GREAT INVESTMENT OPPORTUNITY!! Check out this FOURPLEX generating substantial Annual Gross Revenue. City allows to construct an ADU and a Jr ADU which can result up to 6 units! Priced at a Cap Rate of 6.6%! It consists of (2) 3 Bedrooms and 2 baths and (2) 1 bedroom and 1 bathroom. Two units will be delivered vacant so the new owner can rent them at MARKET RENT setting up for even more cash flow! The property also consists of (4) 2 Car Garages and 8 more Parking Spots outside and gated. Conveniently located in front of Park, Metro, Shopping Centers and other transportation.

Eko Multi-Purpose Center, CA Homes for Sale

Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building was replaced within the last two years and the concrete repaired. A new secure 4 station mailbox was installed in the last two years. There is a laundry room on site that was never utilized.

Eko Multi-Purpose Center, CA Homes for Sale

Probate Sale and could be sold as a package with MLSIDs IV25035026 and IV25035024. SOLD AS IS!!

Eko Multi-Purpose Center, CA Homes for Sale

Centrally located land. Endless possibilities. Price Reduction for a quick sale.