Steve DiPressi

Newer cash flow machine! Solid income producer with some upside. Look at Cost per unit ($212,500); Price per sq. ft. ($250); GRM (9.02!!) and CAP rate (8.38!!!!)All 2+1. All rented. All have separate 2 car garages. Newer construction- 1983 with central heat and Air. Separate water heaters in each unit keep owner expenses under control. EZ management with mix of section 8 and fair market tenants.

REDUCED! Located in Pine Mountain Club, 90 mins north of LA, this mountain community features all the outdoor amenities; BLM/National Forest, Private Lake Fishing, Archery, Mtn Biking, Hiking Trails, Xcountry Skiing, Equestrian center, Dog Park, Golf Course, Tennis/Pickleball courts, Clubhouse, Rec room, & Olympic Pool. The HOA includes essential services such as 24 hour security patrol,