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Property Description Outstanding fourplex in an excellent condition in a quality area of Costa Mesa! The 2 bedroom apartments have private enclosed courtyard. There are individually gas and electric meters, as well as water heaters. Lot of upgrades and extremely well maintained property makes this one an extremely good long-term investment. Building Size: 2,512 SF Lot Size: 6,120 SF Occupancy: 100% Price: $1,030,000 GRM: 16.84 Cap Rate: 4.62% Year Built: 1960 Status: Active http://listing.loopnet.com/14246795 Schedule Gross Income: $59,400 Vacancy: $1,188 Rental income: $4,500 Income garages: $250 Income laundry: $200 Effective Gross Income: $58,212 Operating Expenses: $12,840 Net Operating Income: $45,372 Debt & Equity Unit Description: 2 bedroom / 1 bath $1,200 2 bedroom / 1 bath $1,200 1 bedroom / 1 bath $1,000 1 bedroom / 1 bath $1,100 5/1 car garage+ laundry $450 Michelle Rosca · (562) 307-0727 · [EMAIL PROTECTED] American Investment Properties, Inc Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: [email protected] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
