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Coastline West Realty – David Abu

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2419 Delaware St. (4 Unit Apartment Building – FOR SALE) $1,749,000

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Beautiful Spanish Style 4 Unit Apartment Building For Sale, 2 miles to the sand! Great location for your tenants. Close to freeways, shopping, restaurants, downtown Main Street, the Pier and Pacific City. Outstanding unit mix with (1) 3bd/2ba- owner’s unit w/inside washer/dryer hook-ups, (1) 2bd/2ba and (2)2bd/1ba. Each unit has its own individual garage. Lots of upside on this property! Ideal for investors looking for a 1031 tax deferred exchange for your up-leg or a buyer wanting to live in the owners unit and rent out the others. Rents are low for the area. A savvy investor can improve the property and increase the rents. Easy to rent and management is in place. Take advantage of the historic low interest rates while they last!

UNITS DETAILS:

UNIT 1

Units:1
Beds:3
Baths:2
Garage:1
Actual Rent:$1,500
Total Rent:$1,500
Pro Forma:$2,650
Furnished:Unfurnished

UNIT 2

Units:1
Beds:2
Baths:2
Garage:1
Actual Rent:$1,500
Total Rent:$1,500
Pro Forma:$2,000
Furnished:Unfurnished

UNITS 3 & 4

Units:2
Beds:2
Baths:1
Garage:1 each unit
Actual Rent:$3,000
Total Rent:$3,000
Pro Forma:$4,000
Furnished:Unfurnished


Agent Information

David Abu
David Abu
coastlinewest@gmail.com
  • Office: (714) 960-2440
  • Mobile: (714) 658-8980