Surfside Fourplex 98800 Surfside Ave Immeuble residentiel 4 lots 571 276 € (142 819 €/Lot) Taux de capitalisation 7,01 % Mecca, CA 92254

2 APN's are associated with this fourplex in Mecca (721-271-025 and 721-271-026) offers 12 bedrooms, 4 bathrooms, and is fully fenced with a driveway for easy access, with an additional vacant lot. Perfect for multi-family living or rental income.
Key Features:
7.08 % CAP
7.97 GRM
4- 3bed/ 1bath
Fully Fenced for added privacy and security
Driveway Access for convenience
A great investment for those looking to generate rental income.
Unit Mix: 4 - 3 bed/1bath
Unit 1: 1,350 sq. ft.* $1,700
Unit 2: 1,350 sq. ft.* $1,750
Unit 3: 1,350 sq. ft.* $1,650
Unit 4: 1,350 sq. ft.* $1,800
*Square Feet: Buyer to verify exact square footage.
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EXPENSES
Taxes (new) $8,374
Manager (6%) $4,968
Maint/Repairs $1,200
Insurance $2,800
Trash $1,700
Electric $7,200
Water $700
Landscape $1,200
Septic Tank $920
Fire Extinguisher $100
Pest Control $420
Unit Turnover $250
Capital Reserve (2.5%) $2,055
Total $31,887
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Schedule Gross Income $82,800
Less 5% Vacancy $4,140
Gross Operating Income $78,660
Less Expenses $31,887
Net Operating Income $46,773
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Sale Price: $660,000
Cap Rate: 7.08%
GRM: 7.97
Cost Per Unit: $165,000
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*Square Feet: Buyer to verify exact square footage.