$467,000
$500,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 12/11/2023
Key Details
Sold Price $467,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23202014
Sold Date 12/11/23
HOA Y/N No
Year Built 1963
Lot Size 0.290 Acres
Property Description
Don’t miss out on this fantastic investment opportunity! Fully rented 5 units, composed of 3 separate structures; two duplexes (2 bedrooms, 1 bathroom) and one standalone structure that is a 1 bedroom 1 bathroom. Also, an attached common laundry room. Each of the 5 units has its own separate gas and electric meter.
Upon entering the two duplexes you will be greeted by a spacious living room with a large window allowing for natural light. An open kitchen and living room concept going into a hallway with storage space, leading you to the 2 bedrooms and full bathroom with tub shower. The standalone structure has its own alley access entrance with a cute front sitting area, walking into an open living and dining room area that goes into a quaint kitchen with a door leading outside. This property has new sidewalks and with a nice green common area lawn perfect for sitting out and enjoying a sunny day.
Fully leased and generating $4295 in gross rental income each month, this property is a perfect investment opportunity you have been waiting for.
Location
State CA
County Glenn
Interior
Interior Features Laminate Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl, Wood
Fireplaces Type None
Equipment Satellite Dish
Fireplace No
Appliance Electric Range, Gas Range, Gas Water Heater, Refrigerator, Range Hood
Laundry Common Area, Laundry Room, See Remarks
Exterior
Garage On Street
Fence Wood
Pool None
Community Features Curbs, Golf, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Private Pool No
Building
Lot Description 2-5 Units/Acre, Sprinklers In Front, Lawn, Sprinkler System, Sloped Up
Story 1
Entry Level One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 003142002000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Francisco Ramirez • California Gold Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA