Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Crescent City, CA
560 E Hoover Ave, Crescent City, CA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths7 / 2
Living area3,257 sqft
Lot0.17 acres
Year built1945
About this deal
Take over the seller's existing mortgage on this single-family home in Crescent City, CA. 3 beds, 2.0 baths, 1,936 sq ft, built 1936. No new loan required — ideal for investors experienced with subject-to acquisitions.
The numbers
- Cap rate
- 6.5%
- Net operating income
- $31,860/yr
- Cash flow
- +$2,655/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.