Property Detail
Description
A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.26% ProForma CAP rate and 13.19 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
Map Location
Listing provided courtesy of ALBERT LE of LE INVESTMENT GROUP. Last updated 2026-04-05 08:11:24.000000. Listing information © 2025 CRMLS.
Steele Realty Group
1953 San Elijo Ave., Suite 100
Cardiff-by-the-Sea, CA 92007
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858.775.6678
Based on information from California Regional Multiple Listing Service, Inc. as of [date the AOR/MLS data was obtained] and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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