- 6.2% cap rate on actuals only 3 blocks to the beach! - 10.6X GRM on actuals with a 9% upside to 9.7X GRM on market rents and 6.9% market cap rate - Totally remodeled 8 unit (7+1 ADU) property consisting of two buildings with 4 units each and parking for 5 cars - Corner building consists of four large 900 square foot units with 2 bedroom floor plans upstairs and large 1 bedroom floor plans on ground level - Second building has a brand new 2025 construction 2 bed/1 bath ADU, two studios, and a large 1 bed/1 bath unit - All unit interiors remodeled since 2022, new electrical in 285 building, full paint and exterior refresh just completed - Great curb appeal on a large 8,546 square foot corner lot