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7982 De Garmo Ave

4 Unit Apartment Building $1,199,991 ($299,998/Unit) 3.43% Cap Rate Sun Valley, CA 91352

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Executive Summary

Excellent investment opportunity in Sun Valley! This gated property features 4 units, each offering 2 bedrooms and 1 bathroom. With a spacious side yard and backyard, the property provides ample outdoor space for residents. Each unit comes with its own garage space, adding convenience and value. Currently occupied by long-term tenants, this property promises stable rental income and strong investment potential. Don’t miss out on this income-generating asset in a desirable location!

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	$57,972	$18.40
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$57,972	$18.40
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$16,843	$5.35
Net Operating Income	$41,129	$13.06

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	$57,972
Annual Per SF	$18.40

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$57,972
Annual Per SF	$18.40

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$16,843
Annual Per SF	$5.35

Net Operating Income
Annual	$41,129
Annual Per SF	$13.06

Property Facts

Price	$1,199,991	Building Class	C
Price Per Unit	$299,998	Lot Size	0.27 AC
Sale Type	Investment	Building Size	3,150 SF
Cap Rate	3.43%	Average Occupancy	100%
Gross Rent Multiplier	57	No. Stories	1
No. Units	4	Year Built	1944
Property Type	Multifamily	Parking Ratio	1.27/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	$1,199,991
Price Per Unit	$299,998
Sale Type	Investment
Cap Rate	3.43%
Gross Rent Multiplier	57
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.27 AC
Building Size	3,150 SF
Average Occupancy	100%
No. Stories	1
Year Built	1944
Parking Ratio	1.27/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.