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.
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Susanville is located in California. Susanville, California has a population of 15,286. Susanville is more family-centric than the surrounding county with 35.49% of the households containing married families with children. The county average for households married with children is 26.26%.
The median household income in Susanville, California is $51,105. The median household income for the surrounding county is $54,083 compared to the national median of $57,652. The median age of people living in Susanville is 31.4 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 22.9 inches per year, with 13.6 inches of snow per year.