8080 State Highway 99E
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8080 State Highway 99E
7 Unit Apartment Building $470,000 ($67,143/Unit) 8.30% Cap Rate Los Molinos, CA 96055
Executive Summary
Investment Opportunity in Los Molinos , where opportunity knocks for savvy investors! This charming Five-Plex , newly renovated 5 Studio apartments, walking distance to shopping his property enjoys a prime location, offering convenience and accessibility to local amenities and attractions. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into the real estate market, this property presents a promising opportunity. Currently, all units are fully rented, ensuring immediate returns on your investment. Don't miss your chance to capitalize on this excellent income-generating asset in a thriving rental market.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$48,000
|
$11.88
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$48,000
|
$11.88
|
| Taxes |
$2,899
|
$0.72
|
| Operating Expenses |
$6,000
|
$1.48
|
| Total Expenses |
$8,899
|
$2.20
|
| Net Operating Income |
$39,101
|
$9.67
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $11.88 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $11.88 |
| Taxes | |
|---|---|
| Annual | $2,899 |
| Annual Per SF | $0.72 |
| Operating Expenses | |
|---|---|
| Annual | $6,000 |
| Annual Per SF | $1.48 |
| Total Expenses | |
|---|---|
| Annual | $8,899 |
| Annual Per SF | $2.20 |
| Net Operating Income | |
|---|---|
| Annual | $39,101 |
| Annual Per SF | $9.67 |
Property Facts
Unit Amenities
- Air Conditioning
- Range
- Double Pane Windows
Site Amenities
- Trash Pickup - Curbside
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PROPERTY TAXES
| Parcel Number | 078-350-078-000 | Total Assessment | $262,792 |
| Land Assessment | $42,046 | Annual Taxes | $2,899 ($0.72/SF) |
| Improvements Assessment | $220,746 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
078-350-078-000
Land Assessment
$42,046
Improvements Assessment
$220,746
Total Assessment
$262,792
Annual Taxes
$2,899 ($0.72/SF)
Tax Year
2023
zoning
| Zoning Code | C3SP (C-3-S-P) |
| C3SP (C-3-S-P) |
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8080 State Highway 99E
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