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Shawn Luong
626-643-7090
reoagent@shawnluong.com

CalBRE# 00857818
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Shawn Luong
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626-643-7090
reoagent@
shawnluong.com

CalBRE# 00857818
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Let your search for a real estate professional end here. Please explore the resources within my website, you will find everything you need to buy or sell a home as well as learn about the market value of homes. You can search for homes with detailed descriptions, photos, community and school information and so much more.

As a qualified and seasoned real estate professional, I am ready to assist you with all of your real estate needs. My approach is customized for each client; my solutions are never one-size-fits-all! Please view this website as an introduction of my services and capabilities in this local area. Give me a call or send an email when you are ready to visit some homes or to schedule a free home selling consultation. I look forward to working with you!

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Shawn Luong 
Contact Info:
Mobile: 626-643-7090
Email: reoagent@shawnluong.com
 

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Featured Property
| Properties I'm Selling (3) |
Beds:
n/a
Baths:
Sq.Ft.:
7,871
Status:
NEW LISTING
MLS#:
CV17127907
Type:
Cluster
Lot size:
0.73 Acres
Year built:
1940
Courtesy: CENTURY 21 MASTERS

12 units in 7 separate buildings on a corner lot of almost one acre, offered at a cap rate of over 7% proforma, 9 GRM. The apartment complex consists of 3 Houses, 2 Duplexes, 1 fourplex and one Casita. 1(3+2) SFR, 1(3+1) SFR, 2 (2+1) SFR, 3 (2+1) and 5 (1+1). Each unit has its own address. Plenty of parking, no rent control. very good upside as rents are still below market, 100% occupancy with many long term tenants, Property located on the South East Corner of Randall and Elm. Across from the elementary school. Two newer (2006) residential community developments on two of the other corners of Randall & Elm. The proforma cap rate will jump to 7.7% if the ownership institutes RUBS (Ratio Utility Billing Systems). Currently, 2 of the tenants have their own utility meters and the other 10 share several common meters.