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26880 John Street

Boron, CA 93516
  • $499,980
  • STATUS: Active
  • ON SITE: 264 Days
  • ID#: SW24055047
UPDATED: 68 min ago
$499,980
  • 0
    BEDS
  • 0.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Ratings & Info

Listing Agent(s): Jarrod Whitehorn of Jarrod Whitehorn, Broker (951-378-4996)


Description

SIX Units consisting of THREE large duplex buildings each over 2000 sq ft (for a combined Sq Ftage Over 6000 Sq ft) on almost a full Acre. There is a LOT of real estate here for the price. One of the cheapest multi-family opportunities in Southern California on the market at this price point. Building is under professional property management with mostly performing tenants (changes from month to month). A lot of upside if units are rehabbed and rents are set closer to market rate, owner has already done so with one of the units which is highlighted in the financials.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T07:26:05.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/148714048
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26880 John Street Boron, CA 93516

  • Price: $499,980
  • Status: Active
  • On Site: 264 Days
  • Updated: 68 min ago
  • ID#: SW24055047
0
Beds
0
Baths
0
½ Baths
0.71
Acres
1945
Built
Neighborhood:
BORN - Boron
County:
Kern
Area:
BORN - Boron
Property Description
SIX Units consisting of THREE large duplex buildings each over 2000 sq ft (for a combined Sq Ftage Over 6000 Sq ft) on almost a full Acre. There is a LOT of real estate here for the price. One of the cheapest multi-family opportunities in Southern California on the market at this price point. Building is under professional property management with mostly performing tenants (changes from month to month). A lot of upside if units are rehabbed and rents are set closer to market rate, owner has already done so with one of the units which is highlighted in the financials.
Exterior Features

Entry Level 1 Entry Location 1 Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No

Property Features

Additional Parcels YN No Cap Rate 8.4 Common Interest None Community Features Rural Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 47544 Gross Scheduled Income 47544 Insurance Expense 3500 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 42208 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 6 Operating Expense 5336 Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 3962 Trash Expense 1836 Water Sewer Expense 0 Water Source Public Zoning R-3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T07:26:05.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Jarrod Whitehorn of Jarrod Whitehorn, Broker (951-378-4996)