This is a well located single-story, modern ranch style four-plex in the coveted city of Fullerton, California. The SoCo area is less than half a mile from this property as tenants enjoy a variety of shopping, dining and entertainment establishments in addition to this areas coveted educational institutions and thriving job market. The opportunity is competitively priced while it boasts a 4.4% cap rate on current rents and offers upside. This property is meticulously maintained and offers fantastic curb appeal. Each of the units are large one bedroom, one bathroom apartments; and the building includes four single-car garages. Three of the garages are rented to off-site tenants for storage (with month-to-month lease agreements) providing the investor with additional cash-flow. This is truly an easy to operate, high performing multifamily investment property offered in a high rent demand location. Available with historically low 30-Year fixed rate residential financing; up to 75% LTV. Offers shall be subject to interior inspection; please do not disturb the tenants.
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