Compass Real Estate
Listed by Compass Real Estate
$429,000
21616 Peterson Avenue
Details
APN 32251090940000
Property Type Multifamily
Sub Type Apartment Building
Year Built 1977
Acreage 4180.000
Parking Spaces spaces
Multifamily
Marketing description
Beautifully renovated and fully occupied, this turnkey 4-unit investment property presents a rare opportunity for immediate cash flow with minimal owner responsibilities. The building features separately metered units consisting of one 2-bedroom apartment, two 1-bedroom apartments, and one studio unit, offering a diversified rental mix attractive to a broad tenant base. Extensively updated with new electrical, plumbing, and mechanical systems, this property has been thoughtfully improved for long-term durability and low maintenance ownership. With tenants responsible for their own utilities, owner expenses are limited to real estate taxes, insurance, and water, creating an efficient operating profile. An ideal addition to any investment portfolio, this stabilized asset combines strong occupancy, modernized infrastructure, and dependable income potential.
Listing Contacts
Compass Real Estate
Listed by Compass Real Estate
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