Calling All Investors!!! 10 Unit 100% Occupied Apartment Building Located In The Heart Of Corona Offered For Sale At A 5.34 Cap!!! Renovated In 2016 The Property Features Solid Tenants, (6) 3 Bedroom Apartments, (3) 2 Bedroom Apartments, (1) 1 Bedroom Apartment, Low Taxes, An Elevator, Skylight, LED Lighting, +++!!! The 6 (3) Bedroom Apartments & (1) 2 Bedroom Apartment (Unit 1R) Are Rent Stabilized; The Rest Of The Units Are M-M.
1 BF $19,200 M-M
1 BR $19,200 M-M
1F $15,600 M-M
1R $19,115 6/30/2020
2F $17,563 2/28/2020
2R $21,000 10/31/2019
3F $19,116 4/30/2020
3R $20,726 3/31/2020
4F $19,001 2/28/2020
4R $20,348 3/31/2020
Gross Income: $190,869
Expenses:
Taxes: $7,135
Insurance: $5,700
Gas: $0
Water & Sewer: $7,400
Total Expenses: $20,059
Net Operating Income (NOI): $170,810 (5.34 Cap!!!)