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Quadruplex at 10923 Aztec
$645,000
10923 Aztec
Adelanto, San Bernardino, 92301
Quadruplex · 4 units
Active · 27 days on market

Deal numbers

Est. cap rate
6.1%
Assumed rent, all units
$6,520/mo
Units
4
Price per unit
$161,250
Est. annual NOI
$39,120
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$74,328
Operating expenses
$37,164
Net operating income
$37,164
Annual debt service
$38,621
Annual cash flow
-$1,457
Cash on cash return
-0.9%
Down payment
$161,250

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Quadruplex
Bedrooms
4
Building size
3,224 sqft
Lot size
8,100 sqft
Year built
1985
Stories
2
Garage spaces
4
Pool
None
Status
Active
Days on market
27
MLS #
246986582

About this property

**** TURNKEY 4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN ADELANTO! **** *** PRICE REDUCTION *** PRICE REDUCTION *** Welcome to 10923 Aztec Ln, a well-maintained and recently remodeled four-unit apartment property offering an excellent opportunity for investors seeking immediate rental income and long-term potential. The property consists of four spacious 2-bedroom, 1-bathroom units, with two units located downstairs and two upstairs. All four units are currently rented, providing an investor with an established income stream from day one. The property has been recently remodeled, with updated interiors designed to provide comfortable and attractive living spaces for tenants. Each unit offers a functional floor plan with two bedrooms and one bathroom. The property also features four individual one-car garages, providing valuable off-street parking and additional convenience for residents. Situated on an approximately 8,100-square-foot lot, the property contains approximately 3,224 square feet of building area. The fourplex configuration provides the benefit of multiple income-producing units within one property, making this an attractive opportunity for both experienced investors and those looking to enter the multifamily market.

Location

10923 Aztec

Adelanto, San Bernardino, CA, 92301

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

10923 Aztec, Adelanto CA | Multifamily for Sale