3053-69 Madison Avenue, Normal Heights, CA 92116

$2,375,000
6
BD
List Price
$2,375,000
Price Change
▼ $225,000 1539823677
Days on Market
123
Status
ACTIVE
MLS#
180039040
Bedrooms
6
Lot Size(Range)
.25 Acres or less
Lot Size(apprx.)
7,189
Property Type
Multifamily

Property Description

Well kept older 9 unit apartment property in North Park/University Heights. 5 garages with new roll up doors, front and back doors, on site laundry, and large owner storage. Long term tenants. Great area. Rents are low. Market cap rate is for bringing units to market rent without significant upgrades to the units. Greater potential from significant upgrading.

Additional Information

Annual Expense Actual
29898
Gross Scheduled Income Project
164040
Lot Size
7,189
Lot Size Range
.25 Acres or less
Style
Com-Res Income

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Apartment Consultants, Inc.

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