Coldwell Banker Realty
Listed by Coldwell Banker Realty
$850,000
904 S Bullis
Details
APN 7302003031
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 8.10%
Buildings 1
Acreage 0.093
Zoning Assessor
Multifamily | 8.10% CAP | 4 Units
Marketing description
Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.1% cap rate and an 10.9 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.
Listing Contacts
Coldwell Banker Realty
Listed by Coldwell Banker Realty
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Zoning
MU-1 MixedMixed UseMixed Use 1
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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