Side by side fourplexes (21021 and 21031) in a prime location; walking/biking distance to Pacific City and the beach. These properties are in a great location and effectively single story, which provides a ton of upside in rents. Long term ownership has kept buildings maintained while not raising rents, providing significant opportunity for a new owner to come in and add value. The buildings are on separate parcels, which allows an owner to take advantage of residential financing and greater than typical market leverage. Property can be purchased individually or with 4951 Pearce and 211 Oswego as part of a portfolio.
Based on information from California Regional Multiple Listing Service, Inc. as of October 14th, 2019 at 9:33pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Property Listed By: Gary Tolfa(00955403) of Triqor Group