$1,099,999
Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential. The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking. At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations. With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time. Conveniently located near shopping, transportation, major freeways, and other local amenities.
Listed by Alan Ramirez with REAL BROKERAGE TECHNOLOGIES (619) 663-8680
Property Type
Mixed Use
Status
Active
MLS Number
CV26179181
Year Built
1947
Lot Size
0.26 acres
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