2187-2189 Mentone Boulevard

Mentone, CA

Status:

Sold

Close of Escrow: 02/19/2010

Activity ID: Q0080121

Total Number of Units: 16

Year Built: 1970

Sale Price: $825,000

Price per Unit: $51,563

Price per Square Foot: $72.24

CAP Rate: 7.62%

GRM: 6.95

Downpayment: $250,000 (30%)

Net Operating Income: $62,885

Rentable Square Feet: 11,421

Lot Size: 1.1835 Acres

Unit Type

1Bdr 1 Bath

2Bdr 1 Bath

No. of Units

4

12

Boulevard in the City of Mentone. The property consists of four one-bedroom/one-bathroom units, and 12 two-bedroom/one-bathroom units.