Property Details

4792 Canoga St
Montclair, CA 91763

Price
$869,000
GRM
17.47  
GSI
$48,600  
NOI
$26,672  
CAP Rate
3.14  
Units
4  
Price/unit
$217,250  
Square Footage
4,288  
Price/sqft
$203  
Lot Size (sqft)
7,642  
Year Built
1964  

Property Description

4 plex located in a very densely populated rental pocket of Montclair. Option to purchase with FHA loan and live in one unit. Rents are under market rates which provides an upside opportunity to a new investor. Rents are under market by ± 29%.

Very little turnover and strong long term rental market. Increase income by adding laundry and implementing turf grass to reduce operating costs and increase returns.


Unit Composition

QtyBedroomsBathrooms
42 Bedroom1.5 Bath

Contact Regioncy