This rare offering features two single-story quadplex buildings on a massive 14,092 sq/ft lot with 6,200 sq/ft of total building area, delivering eight spacious 2Bed/1Bath units, each with laundry hookups, private front and rear entrances, and dedicated carport parking plus ample street parking. Nestled in a quiet residential neighborhood with strong upside potential and easy management, the property is conveniently located near Bonita Ave., restaurants, shops, and quick access to the 210 and 57 freeways. *All cooper plumbing, 6 updated electric sub panels, roof is 15 years old.
Property Sub Type:
Apartment
Property Attached:
Yes
Lot Area:
14,097 sq. ft.1,310 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1962
(Age: 64)
General Listing Location:
San Dimas, 689 - San Dimas
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$186,972
Net Operating Income:
$109,609
Cap Rate %:
4.22
Rent Control:
Yes
Total Actual Rent:
$15,532
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$9,142
Maintenance Expense:
$1,200
Taxes expense:
32438.0
Operating Expense:
$71,172
Other Expense:
$1,600
Professional Management Expense:
$0
Trash Expense:
$6,742
Water and Sewer Expense:
$6,742
Vacancy Allowance:
$5,591
Vacancy Allowance Rate:
$3
Tax Lot:
82
San Dimas Ave.
View:
Mountain(s)
Number of Buildings:
2
# of Electric Meters:
9
# of Gas Meters:
8
# of Water Meters:
1
# Units Leased:
8
Community Features:
Urban
Senior Community:
No
Laundry Features:
Electric Dryer Hookup, Gas Dryer Hookup
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
6-10 Units/Acre
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
Frong
New Constr.:
No
Common Walls:
2+ Common Walls
# Units:
8
Heating:
Wall Furnace
Cooling:
Wall/Window Unit(s)
Utilities:
Electricity Available, Natural Gas Available, Sewer Available