Located in a quite gated community. Close to everything, 10 minutes walking distance to Five Points Plaza shopping centers, 14 minutes to Asian supermarket, schools, easy access to freeways I-10, 60 and 605. Actual current annual rent income $43200 , proforma annual rent income $57600. Actual annual expenses total $ 15073 including property tax, insurance, trash, water, public power and gardener. Estimate future annual expenses $16557 to reach 6.4% cap rate (capitalization rate) based on $640,000 selling price. Seller is selling as it's present conditions. Strictly prohibition to disturb tenants. Drive by only. Make offer subject to interior inspections.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
