About this home
Property Details: • Type: Multi-Family • Bedrooms: 1 • Bathrooms: 1 • Square Feet: 4320 • Lot/Size: 10,585 sqft lot
Description: This 12-unit apartment complex in Jacinto City offers a strong investment opportunity with immediate cash flow and upside potential. Currently 90%+ occupied, the property benefits from a stable tenant base, including many long-term residents. At current rental rates, the asset is delivering a 13%+ CAP rate, making it attractive for yield-focused investors. Recent capital improvements include new electrical panels installed in all units in 2023, reducing near-term maintenance concerns. The property presents additional upside through rental increases, particularly with potential conversion to Section 8 housing. Tenants enjoy convenient access to public transportation, grocery stores, and near
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