Price$425,500
Units5
Gross scheduled income$43,272
Seller NOI$33,972
Listed cap rate—
Days on market125
Photos
Listing remarks
Investment opportunity featuring a unique multi-unit configuration on one parcel: 5 single-family residences, all but one currently tenant-occupied. The property offers in-place rental income with value-add potential. The improvements are in need of repairs from deferred maintenance, making this a suitable project for an investor looking to renovate and reposition the property.
An adjacent parcel is also available for purchase parcel 030-170-086 address listed as 1013 Middlehoff Ln and includes 4 additional units, creating the opportunity to acquire a larger portfolio in one location. Property to be sold as-is.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 2 | 1 | $800 | $800 |
| 2 | 1 | 3 | 1 | $995 | $995 |
| 3 | 1 | 3 | 1 | $1,061 | $1,061 |
| 4 | 1 | 1 | 1 | $0 | $800 |
| 5 | 1 | 2 | 1 | $750 | $750 |
Property facts
Year built1900
Parcel030170008000
Lot44,431 SF
Building/Living area3,000 SF
Heating—
Cooling—
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$450,000
Listing date2026-01-12
Buildings5
Leased units4
Operating expenses$9,500
Insurance$6,000
Rent controlYes
Electric meters5
Gas meters5
Water meters5
LaundryWasher Hookup
Lot featuresIrregular Lot
CommunityRural
PoolNone
Senior communityNo
Last MLS update2026-05-18T18:39:43.300-00:00
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MLS attribution: Listing provided by eXp Realty of California Inc, Trisha Atehortua. Data source: CRMLS via Trestle / CRMLS. MLS ID OR26008564. Information is deemed reliable but not guaranteed and may change without notice.