1444 + 1450 Evergreen St. Selma, CA 93662

1444 + 1450 Evergreen St. Selma, CA 93662

  • Duplex and 5-unit MFR on 2 APNs.

  • Incoming NOI: $24,800.

  • Cash purchase 7/31/2020 - $250k.

  • Plan: Increase rents, sign 1-year leases, rehab with turnover. 

  • Exit NOI: $50,200.

  • Sold 3/21/22 for $735k.

  • 2.7x Equity Multiple in 20 months.