Listed by Starker West, Inc, Starker West, Inc.
$875,000
2 on Oro
Details
APN 484-102-63-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,648
Net Rentable (SqFt) 1,624
Units 2
Cap Rate 3.43%
NOI $30,000
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 4.57%
Pro-Forma NOI $40,000
Price per SqFt $531
Year Built 1985
Year Renovated 2019
Buildings 1
Stories 1
Acreage 0.160
Sale Condition 1031 exchange
Multifamily | 2 Units | $437,500/unit
Marketing description
1122–24 Oro St presents a turn-key duplex investment opportunity featuring two spacious 2-bedroom, 2-bathroom units with practical floor plans, private outdoor spaces, dedicated laundry rooms, and individual hot water heaters. The property was freshly painted in 2019 and includes a newer roof from 2019, along with extensive exterior upgrades such as new fencing, updated windows, refreshed landscaping, and parking lot resurfacing – offering strong curb appeal and minimal deferred maintenance.
Investment highlights
- Two spacious 2-bedroom, 2-bathroom units
- Practical floor plans
- Private outdoor spaces
- Dedicated laundry rooms
- Individual hot water heaters
- Freshly painted in 2019
- Newer roof from 2019
- New fencing
- Updated windows
- Refreshed landscaping
- Parking lot resurfacing
- Strong curb appeal and minimal deferred maintenance
Listing Contacts
Listed by Starker West, Inc, Starker West, Inc.
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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$30,000.00
$2,500.00/mo
Valuation Metrics
0
DSCR
3.43%
Cap Rate
3.43%
ROI
Map
Zoning
RV-AR(Q)-D(-)-LOT(6000)-BT(K)-MFAR(-)-FAR(-)-H(G)-COV(-)-SB(J)-OS(G)-SR(C) ResidentialMulti FamilyVariable Family Residential
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