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3500 Cimarron Street
USD 1,295,000
Property ID: 25489189
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3500 Cimarron Street ,90018
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icon 5489 SqFt
icon Built in 1945
icon USD 236/SqFt
icon 6 Beds
icon 3 Full
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Location
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Interior Details
Bedrooms
6
Bathrooms
3
Interior Size
2484
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1945
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Detailed Introduction Of This Home
Welcome to 3500 Cimarron St, a prime investment opportunity featuring all government-backed Section 8 tenants. This property consists of three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with potential to add a large ADU for additional income (buyer to verify). The property was just painted, has all new heating systems installed, and was re-roofed in 2017. Two of the three units have been completely updated. This fully occupied property generates $8,562/month in rental income from three Section 8 tenants, with extremely low expenses, providing a very competitive cap rate and NOI on a low-maintenance building. Located in the thriving Jefferson Park neighborhood, with new restaurants and shoppes opening daily, this area promises future growth and development opportunities for any buyer.Please do not disturb the tenants.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (12)
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3500 Cimarron Street
USD 1,295,000 6 Beds
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