Multifamily For Sale • 2,080 SF
| 100% Leased Fourplex: Fully stabilized and generating immediate cash flow. |
| Two New 2026 Leases: Recent leasing activity provides strong income stability and reduces near-term rollover risk. |
| Renovated Unit D Leased in Just 2 Days: Demonstrates exceptional tenant demand and validates rental pricing in the market. |
| Value-Add Opportunity: Two units currently leased below market rents provide a clear path to future revenue growth. |
| Proven Rental Upside: Current average rents of approximately $2,022/month versus market rents of approximately $2,250/month. |
| Attractive In-Place Returns: 5.62% current cap rate with 6.44% pro forma cap rate potential. |
| Cap Rate: | 5.62 % |
| Total Expenses: | $22,830 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 6 min | - | 2.9 mi |
| 7 min | - | 3.4 mi | |
| Transit/Subway | Drive | Walk | Distance |
| North Hollywood Station (Orange Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 16 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 7 min | - | 2.7 mi |
| Los Angeles International | 36 min | - | 25.1 mi |
| Long Beach (Daugherty Field) | 49 min | - | 35.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | Surface |
| Included in Rent: | Yes |