Property Map
Street View
Courtesy of Michelle An, Compass.
Description
Rare and Exceptional Owner-User Investment Opportunity! This mixed-use property at 5284-5290 Mission presents a compelling investment opportunity with a solid cap rate of 7.7%. The well-maintained 4-unit building comprises 2 residential and 2 commercial units, offering excellent income potential in the vibrant Mission neighborhood. The residential units include a 3-bed/1-bath unit and a 1-bed/1-bath unit, both in good condition and without protected tenants. On the ground level, there’s a profitable laundromat (business is included in the sale) and an established barber shop, contributing to the diverse income streams of the property. With separate water and PG&E meters, an upgraded electrical system, and an auto magnetic door lock system in the laundromat, this property is well-equipped for efficiency and security. Roof replaced in 2014. Its prime location near public transportation, local businesses, and easy freeway access further enhances its appeal as a promising investment opportunity.
Property Details and Features
Bathrooms
- 2 full bathrooms
- 2 total bathrooms integer
Bedrooms
- 4 total bedrooms
Building
- Built in 1925
- Living area: 2,820
- 2 stories
Listing
- ListingID: 424044696
- Standard status: Active
- 133 days on market
Location
- Country: US
Lot
- 0.0576 acres
- 2,509 square feet
- “Other”
Possession
- “Close Of Escrow”
- “Subject To Tenant Rights”
Additional Rooms
- 8 total rooms
Security Features
- “Carbon Monoxide Detector(s)”
- “Smoke Detector(s)”
Sewer
- “Public Sewer”
Utilities
- Electric: “Separate Meter”
- Gas: “Separate Meter”