3877 Denker AVE

DREAM VALUE ADD INVESTMENT OPPORTUNITY ADJACENT TO USC This stunning fourplex offers 3,770 sq. ft of living area. All units are currently occupied generating over $8,000 a month with room to increase market rents. The four plex offers a desirable mix floor plan of (2) 3BR/2BA, (1) 2BR/1BA & (1) 1BR/1BA. This mix allows for a wide selection of tenants to choose from. With a one of the highest cap rates in the area at 6.8% (with room to approve up to 8.5%^) this multifamily is a no brainer for first time investors or seasoned. This building is being sold AS-IS with long term tenants all ready in place. All units have their own separate gas meters. The property sits on 5,466 SQFT lot and includes 8 parking spots that could be converted to hold additional units. This property as well qualifies for a $50,000 grant from Citiy national bank. Call for more information Seller is motivated to sell bring all offers.