LIGHTHOUSE REALTY ASSOC INC
Listed by LIGHTHOUSE REALTY ASSOC INC
$1,650,000
308 N Millard
Details
APN 0130081130000
Property Type Multifamily
Sub Type Apartment Building
Units 6
Buildings 3
Acreage 0.286
Zoning Public Rec
Multifamily | 6 Units
Marketing description
Investor opportunity! Well-maintained 6-unit income property featuring a desirable unit mix of one duplex with private enclosed yards and one fourplex designed for strong rental appeal and long-term cash flow. All six units offer 2 bedrooms, 1 bathroom, tile flooring, wood cabinetry, and individual 1-car garages a highly sought-after setup for tenants. The bottom units feature spacious enclosed private yards, while the upstairs units include private balconies, creating attractive outdoor living spaces that help maximize tenant retention. The property also includes an on-site community laundry facility for additional tenant convenience and potential ancillary income.The property is gated for added privacy and security. Currently generating over $12,000 per month in gross rental income, this property offers investors immediate cash flow with separate gas and electric utilities for each unit, helping reduce owner expenses and simplify property management. The property also features low-maintenance landscaping and a functional layout designed for ease of ownership. The gated perimeter adds privacy and security, while the ample concrete driveway and garage configuration provide excellent parking accommodations. Centrally located with convenient access to schools, shopping, public transportation, and major commuter routes between the 10 and 210 freeways, this property sits in a high-demand rental corridor ideal for both seasoned and first-time investors. Additional highlights include: Strong unit mix with all 2 bed / 1 bath units Separate gas and electric utilities Individual 1-
Listing Contacts
LIGHTHOUSE REALTY ASSOC INC
Listed by LIGHTHOUSE REALTY ASSOC INC
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