3505-11 L St

Status: ACTIVE

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List Price: $1,150,000

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Unit Mix:

(1) 3-Bedroom / 1-Bathroom

(1) 3-Bedroom / 2-Bathroom

(2) Studio

(1) 1-Bedroom / 1-Bathroom

(1) 2-Bedroom / 1-Bathroom

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CAP Rate: 5.42%

Year 1 CAP Rate: 7.55%

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GRM: 10.76

Year 1 GRM: 8.93

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Investment Highlights:

• Value Add Property

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• ADU Permits in Hand to Convert Garage to an Additional Studio Unit

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• Large Corner Lot with Fence Yards

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• Strong Demand for Affordable Workforce Housing

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• New Roof on Main Building with 10 Year Warranty