Offering

The Offering

Two adjacent 1950 fourplexes on side-by-side parcels, offered together as a single 8-unit investment and also priced individually at $1,448,000 and $1,648,000. All eight units are 2BD/1BA. Occupied units average $2,093 per month against the $3,100 market estimate, roughly 48% upside on in-place rents. Both buildings were updated in 2025 with new roofs and a full exterior repaint. 12320 delivers one vacant unit at close, and the garages at both buildings add $1,400 per month of parking income. Because each fourplex sits on its own legal parcel, the pair can be financed, insured, and exited independently.

1. 01

   48% upside on in-place rents to the $3,100 market estimate

2. 02

   Two adjacent fourplexes on separate legal parcels, also priced individually at $1,448,000 and $1,648,000

3. 03

   Both buildings updated in 2025 with new roofs and a full exterior repaint

4. 04

   Seller-reported approved plans for two additional units, one above the garages at each building, that convey with the sale

5. 05

   Vacant unit at close, plus $1,400 per month of parking income from the garages at both buildings