Hanna Commercial, LLC
Listed by Hanna Commercial, LLC
$270,000
1245 Jelso Avenue
Details
APN 2054062059361
Property Type Multifamily, Special Purpose
Sub Type Single Family Rental Portfolio
Square Footage 2,400
Net Rentable (SqFt) 2,400
Units 8
Cap Rate 7.89%
NOI $21,302
Occupancy 90%
Tenancy Multi
Pro-Forma Cap Rate 7.89%
Pro-Forma NOI $21,302
Price per SqFt $113
Class B
Year Built 1980
Year Renovated 2022,2023,2024,2026
Buildings 1
Lot Size (SqFt) 6,534
Zoning MF
Parking Spaces 2 per key
Investment Type Stabilized
Ground Lease No
About This Property
Marketing description
1245 has a sister property next door at 1241 that is also available for sale.
Investment highlights
Located in the heart of Grants, 1245 Jelso Ave is a well-maintained
two-story fourplex offering an excellent investment opportunity in a
stable rental market. Built in approximately 1980, the property
consists of four spacious units, each thoughtfully designed with 2
bedrooms, 1 bathroom, a full kitchen, and comfortable living space.
Each unit averages approximately 600 square feet, providing
efficient layouts that appeal to long-term tenants seeking
affordability and functionality.
The building totals roughly 2,400 square feet and sits on a ~0.15-
acre lot, offering manageable upkeep while still delivering strong
rental potential.
Listing Contacts
Hanna Commercial, LLC
Listed by Hanna Commercial, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,302.00
$1,775.17/mo
Valuation Metrics
0
DSCR
7.89%
Cap Rate
7.89%
ROI
Map
Zoning
MR MixedMixed UseMixed Residential
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View all 185 uses
View all 185 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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