Property Description
3 units, apartment property subtype, 6.42% cap rate ; 3 stand-alone buildings on 21,780 SF of land. Ideal to occupy one of the buildings for a home office for a contractor's business. Rent out the other two buildings for investment income. Legal non-conforming use is currently a triplex with three 2-bedroom residential units. $4,840 current monthly income (month-to-month tenancy). Located just west of Santa Fe Avenue and 3 blocks north of Rosecrans Avenue. One mile south of the Century (105) Freeway. Zoning code 30-14.4 may allow: Accessory storage of automobiles (in operating condition); building materials (excluding rock, gravel, and sand storage in excess of 2,000 tons); equipment, lumber, pipe, wood, cabinet, and carpentry shops; carpet cleaning; pest control operator.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$18,822
TurboHome Estimated Value
$1,018,900
$459 sqft
High Valuation
$1,069,845
$482/sqft
Normal Valuation
$1,018,900
$459/sqft
Low Valuation
$967,955
$436/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $459/sqft | $1,018,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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No comparable properties found in this area.
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