2100 Crestview Ave - Apartments FOR SALE


Lake Isabella, CA 93240
$745,000 USD
419-206-7117
2100 Crestview Ave, Lake Isabella, CA for Sale
$745,000 USD
Apartments - FOR SALE
1/15
null | 6.55% Cap Rate

2100 Crestview Ave
Lake Isabella, CA 93240


OVERVIEW

We are pleased to present this fully remodeled 7-unit apartment complex that presents a turnkey investment opportunity in a quiet, high-demand rental market. The property is comprised of four 1-bedroom/1-bath units and three studio units, generating over $76,000 in annual gross income. Both the exterior and interior of the building have undergone comprehensive renovations, significantly reducing anticipated maintenance costs for the next owner and ensuring long-term durability. With strong in-place cash flow, modern updates, and minimal capital improvement needs, this asset is well-positioned for stable returns and hassle-free ownership.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

7

PRICE/UNIT

$106,429

CAP RATE

6.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R-1

APN/PARCEL ID

263-092-07-00-9

ASK ABOUT THIS PROPERTY

Eric Van DenkCentral Valley Property AdvisorsMore Info
419-206-7117

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Eric Van DenkCentral Valley Property AdvisorsMore Info
419-206-7117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.