120 PARK Avenue, Grass Valley, CA 95945 | MLS 222052002 | Listing Information | Teresa Dietrich | Real Estate Expert Skip to main content
Teresa Dietrich
(530) 362-6806    Login or Register
SOLD
$850,000
Date 10/26/2022

120 PARK Avenue
Grass Valley, CA 95945    Directions

Fourplex, Multi-Family
Residence
8
Beds
4
Baths
+
4 Half
1,000
Sq. Ft.
0.15
Acre Lot
Bed Icon
8
Beds
Bath Icon
4 + 4 Half
Baths
Living Area Icon
1,000
Sq. Ft.
Lot Size Icon
0.15
Acre Lot
Courtesy: eXp Realty of California Inc
Home> California> Grass Valley> 95945
This is a great opportunity with profitable up side. Long term tenants under market rents. Each unit in todays market will rent for $1,500. month. Current rents are $890 - $1,100. Interiors are well maintained, exterior has been recently upgraded with new decks, and patio dividers. Current Cap Rate: 3.82% Year 1 Cap Rate: 6% Pro Forma Cap Rate: 6.5% Current Physical Occupancy: 100% Current Economic Occupancy: 59.6%
222052002
Residential - Fourplex, Multi-Family, 2 Story
8
4 Full/4 Half
1965
Nevada
0.15 Acres
Meter on Site,Public
2
Stucco,Wood
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Transit Score

Bike Score

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Courtesy: Stephen De Sena, eXp Realty of California Inc
Agent License: 01147876

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
Courtesy: eXp Realty of California Inc
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
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Information is deemed reliable but is not guaranteed.