Multi-Family Homes & Residential Units for sale in Simi Valley, CA

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MLS # F11121494
2603 North PHIPPS Street , CA 93065 is listed for sale as MLS Listing F11121494
5 photos

Listing Price: $680,000 Status: Pending
Living Area: 4,400 Sq. Ft.
This property is a steal! This property is in a great area of Simi Valley and offers: 3BD/2.5BA-TWO STORY WITH BACKYARD, 2/2-TWO STORY, a 2/2-SINGLE STORY UNITS and a 1BD/1BA UNIT, LAUNDRY FACILITY AND COVERED PARKING STALLS. THE PROPERTY IS AT THE NORTHEAST CORNER OF PHIPPS AND PRATHER. THE ADDRESS IS USUALLY DIFFICULT TO LOCATE ON TAX RECORDS - USE THE PARCEL NUMBER TO LOCATE. THE PROPERTY IS A 4-PLEX. ALL UNITS ARE OCCUPIED - DRIVE BY ONLY. THE PROPERTY HAS LONG TERM TENANTS THAT ARE ON MONTH TO MONTH AND RENTS HAVE NOT BEEN RAISED FOR QUITE A WHILE. THE PROPERTY IS IN VERY GOOD CONDITION, PHYSICALLY. MONTHLY COLLECTED RENTS TOTAL $4,525.00. AS OF MAY 1st, 2012 THE RENTS INCREASE TO $4,725.00.
Terms: Standard Sale
Listing courtesy of Michael Green Realty & Inv., Michael Green;


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