$3,700,000
Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 180 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.
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Listed by Grace Zhang with RE/MAX Galaxy (909) 860-8668
Property Type
Apartment
Status
Active
MLS Number
TR26045458
Year Built
1940
Lot Size
0.38 acres