UPDATED FINANCIALS, due to 1 vacancy and increases across the board. Rarely available eight unit building located in Rockaway Beach, Pacifica. Two structures on one parcel, that are mirror images of each other. Fresh paint and new landscaping. Good unit mix with six 2Brs and two 1Brs. Significant upside in rents, however current rents still make this an attractive investment. Located a short distance to the beach, close to hiking trails as well as the shops and restaurants of Rockaway Beach in Pacifica. Reletively easy commute to San Francisco allows for strong rental demographics and a good tenant profile. Now a 15.89 GRM and 4% Cap.
|Contingent (from Active)||–||–|
|Price Reduced (from $3,800,000)||$3,600,000||$200,000 (5.26%)|
© 2020 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of July 6th, 2020 at 2:39am PDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.