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8080 State Highway 99E

7 Unit Apartment Building $660,200 CAD ($94,314 CAD/Unit) 8.30% Cap Rate Los Molinos, CA 96055

Apartment Buildings California Los Molinos 8080 State Highway 99E, Los Molinos, CA 96055

Executive Summary

Investment Opportunity in Los Molinos , where opportunity knocks for savvy investors! This charming Five-Plex , newly renovated 5 Studio apartments, walking distance to shopping his property enjoys a prime location, offering convenience and accessibility to local amenities and attractions. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into the real estate market, this property presents a promising opportunity. Currently, all units are fully rented, ensuring immediate returns on your investment. Don't miss your chance to capitalize on this excellent income-generating asset in a thriving rental market.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $67,425 $16.68
Other Income - -
Vacancy Loss - -
Effective Gross Income $67,425 $16.68
Taxes $4,072 $1.01
Operating Expenses $8,428 $2.09
Total Expenses $12,500 $3.09
Net Operating Income $54,924 $13.59

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $67,425
Annual Per SF $16.68
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $67,425
Annual Per SF $16.68
Taxes (CAD)
Annual $4,072
Annual Per SF $1.01
Operating Expenses (CAD)
Annual $8,428
Annual Per SF $2.09
Total Expenses (CAD)
Annual $12,500
Annual Per SF $3.09
Net Operating Income (CAD)
Annual $54,924
Annual Per SF $13.59

Property Facts

Price $660,200 CAD Apartment Style Low Rise
Price Per Unit $94,314 CAD Building Class C
Sale Type Investment Lot Size 0.98 AC
Cap Rate 8.30% Building Size 4,042 SF
No. Units 7 Average Occupancy 100%
Property Type Multifamily No. Stories 1
Property Subtype
Apartment
  • Multifamily Dormitory
 Year Built 1947
Price $660,200 CAD
Price Per Unit $94,314 CAD
Sale Type Investment
Cap Rate 8.30%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.98 AC
Building Size 4,042 SF
Average Occupancy 100%
No. Stories 1
Year Built 1947

Unit Amenities

  • Air Conditioning
  • Range
  • Double Pane Windows

Site Amenities

  • Trash Pickup - Curbside

Links

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PROPERTY TAXES

Parcel Number 078-350-078-000 Total Assessment $369,139 CAD
Land Assessment $59,061 CAD Annual Taxes $4,072 CAD ($1.01 CAD/SF)
Improvements Assessment $310,077 CAD Tax Year 2023

PROPERTY TAXES

Parcel Number
078-350-078-000
Land Assessment
$59,061 CAD
Improvements Assessment
$310,077 CAD
Total Assessment
$369,139 CAD
Annual Taxes
$4,072 CAD ($1.01 CAD/SF)
Tax Year
2023

zoning

Zoning Code C3SP (C-3-S-P)
C3SP (C-3-S-P)
(530) 949-4895

  • Listing ID: 33586460

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 8080 State Highway 99E, Los Molinos, CA 96055

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8080 State Highway 99E
(530) 949-4895 x

8080 State Highway 99E

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Richard Howe

(530) 949-4895

(530) 949-4895

ERNIE MARTINEZ

(530) 200-0339

(530) 200-0339

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