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714 E FLORIBRASKA AVENUE

Multi-family Recently Sold
$1,600,000

BTC: 25.88996764

ETH: 916.38029782

Sold on: 2024-12-20
11 days
24 bds
9,072 sqft

Overview

Solid Cash-flow investment! three abutting parcels with a quad-plex each. All 2 bedroom 1 bath units for a total of 12-units renting for $1450 a month each. Leverage your investment with up to 60% LTV, varies by DCR of 1.14 to 1.31, allowing for vacancies. Easy to manage; full management in place for past 11 years, all deposits in escrow. Before any showings, confidentiality agreement must be executed, then all financials can be made available. Zoned CG, future land use is bringing in new development, increasing value of subject properties. Buyer Disclosure statement required; Proof of funds, pre-qualification and EMD with offer; NO WHOLE-SELLERS OR ASSIGNMENTS!

Location

Details

Type:
Residential Income
Parking:
Ground Level / Open
Year Built:
1986
Lot:
0.36 Acres
Heating:
Central
Price/sqft:
$176
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,556
2023
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 24

  • Parking

    • Ground Level

    • Open

    Property

    • Levels: One

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: A1229184RB00000800001.2

    • Zoning: CG

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Available

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,556

  • Source details

    • MLS ID: TB8310863

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Washer Hookup

    • Lot Features: Corner Lot

    • Window Features: Blinds

    • Living Area: 9072

    • Water Source: Public

    • Subdivision Name: ROBLES SUB 2

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SHOREBIRD PROPERTIES