LE INVESTMENT GROUP
Listed by LE INVESTMENT GROUP
$1,350,000
15705 Tern Road
Details
APN 3106211210000
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 3
Stories 2
Acreage 0.500
Zoning Public Rec
Multifamily | 3 Units
Marketing description
RECENT $75,000 PRICE REDUCTION. A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 5.62% ProForma CAP rate and 12.50 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
Listing Contacts
LE INVESTMENT GROUP
Listed by LE INVESTMENT GROUP
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