$2,400,000
NEW CONSTRUCTION

Estimated payment $15,540/month

Total Views 8,884
10 Beds
10 Baths
5,536 Sq Ft
$434 Price per Sq Ft

Highlights

  • New Construction
  • Laundry Room
  • Central Heating and Cooling System

About This Home

Huge Discount! Don’t miss your chance at a Brand New Construction Multi Family Investment Property appraised at $2.6M with an Outstanding cap rate of 9.334%
Duplex units are Tri-Level & the ADU is Two-stories. This project is located in a hot rental area. Location, location, location! Multi family units are in high demand in this area. This project being Brand New Construction, units are easy to lease out. Property has little to no maintenance; super convenient for the owner.
Year Built 2024
-Front (Duplex 1217 & 1217 1/2)
•Duplex (Each unit): 7 Beds 7 Baths X2
•3 stories
•Each Duplex Unit approx.2,173.5 sqft X2 = 4,347 sqft
-Rear (ADU 1219)
•ADU: 3 Bedrooms 3 Bathrooms
•2 story
•1,189 sqft
Total: 17 Bedrooms 17 Bathrooms
Total approx. Living sqft: 5,536
Lot approx. sqft: 6,013.1

Note:Property is fully leased with an Outstanding cap rate of 9.334%
Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.

Listing Agent

Yossmira Hernandez

First Family Homes Brokerage Phone: 562-417-2653 License #02051747 Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,013 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex

Interior Spaces

  • 5,536 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5131014026

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $7,000
  • Operating Expense $38,250
  • Gross Income $244,800
  • Net Operating Income $206,550

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Price Per Unit: 800000
  • Property Attached: Yes
  • New Construction: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5131014026
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 3
  • Entry Location: 1st
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two, Three Or More
  • Price Per Square Foot: 433.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6013.10
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 244800.00
  • Gross Scheduled Income: 244800.00
  • Insurance Expense: 7000.00
  • Lot Size Area: 6013.1000 Square Feet
  • Net Operating Income: 206550.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 31250.00
  • Rent Control: No
  • Total Expenses: 38250.00

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: MEN...

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $2,400,000 0.0% $434 / Sq Ft
07/12/2025 07/12/25 For Rent $900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25160431

California Regional Multiple Listing Service (CRMLS)