Property Description: Single Family on 428 N 2nd Street, King City, CA state. This listing was added to our database on May 17, 2014. Listing was updated in 06/29/14. Ideal 1031 Exchange Income Property Currently rented as 10 separate units, but can rent as 11 units. Seller has recently done electrical, plumbing, sheetrock and flooring upgrades to several units. Seller says current cap rate with 10 units rented is around 8%, but should be closer to 9.4% with the 11th unit rented. Ask about possible room for expansion of the units. (199854) $648,000
Address:
Contact me at: 805-441-2171
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