8615 Walker Street, Cypress, CA, 90630 United States

5 Unit building in Cypress

  • Sold
  • Multifamily ยท 5 Units
  • Sold

8615 Walker Street Cypress, CA, 90630 United States Get directions

$2,200,000 $537/Sq. ft.
14 Beds 6 Baths 4,100 Sq. ft. 13,000 Sq. ft. Lot
  • StyleMultiplex
  • District Cypress
  • Listed 1 Month 7 Days Ago

Overview

Nice 5 unit building on one level and large lot. 1-Four bedroom, one and a half bathroom owners type unit, 3- Two-bedroom, one-bathroom units, 1- Studio with one bath unit. 5 Separate single-car garages. 5 separate parking spaces. This building has been an Alcohol Recovery facility for 25 plus years. Pulls in $12,400 per month in gross rental receipts, very smooth operation, very quiet, the resident manager runs the place very efficiently and he'd like to stay, the owner is currently paying for all utilities, the new owner could easily increase net income by having the tenants' pay utilities. There are 4 separate meters for each utility service

Taxes & Fees

  • Condo Fees : Not Available
  • Taxes: Not Available
  • Monthly Rent: Not Available