21107 Nemophilia St Street, #1-4

Description

Welcome to this well-located fourplex in California City! Each of the four units features 2 bedrooms and 1 bathroom, providing comfortable living spaces perfect for tenants. Connected to natural gas and the city sewer system, the property ensures reliable utility services. Situated in a prime location, it's close to the business district and within easy reach of amenities like the gym, car wash, restaurants, and grocery stores. With a bus stop just a short walk away, tenants will enjoy convenient commuting options. All units are vacant and ready for your own creative and lucrative touch! Gross Rent Multiplier (GRM) of 10.83 is based on with an estimated projected market-rate rental income of $72,000 per year—approximately $1,500 per month per unit.

Listing information courtesy of: Eric Trejo, Coldwell Banker Frontier 626-426-2003. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.