This is an amazing mixed use property that is producing fantastic income and all rents are under market. Owner was a resident of Susanville and knows most of the tenants so there is an opportunity for the next owner to maximize CAP rate. Moreover, the building has had a ton of upgrades, improvements, and refreshing so many of the units show like new with some of that classic charm. This building is a must see and is a great addition to your portfolio or a very solid investment for a first time investors. All square footage are estimates and the building still needs to be measured.
Susanville is located in California. Susanville, California has a population of 16,305. Susanville is more family-centric than the surrounding county with 32.36% of the households containing married families with children. The county average for households married with children is 21.06%.
The median household income in Susanville, California is $53,750. The median household income for the surrounding county is $59,292 compared to the national median of $69,021. The median age of people living in Susanville is 32.6 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 17.3 inches per year, with 35.2 inches of snow per year.