15705 Tern Road
Property Overview
HUGE $100,000 PRICE REDUCTION. Motivated Seller! A well-maintained, three (3) SFR investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4-bedroom, 3-bathroom homes totaling 5,967 rentable square feet on a 0.5-acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 6.39% ProForma CAP rate and 11.57 GRM through legal annual rent increases, supported by strong in-place rents, long-term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.
Home Details
- Property type
- ResidentialIncome - Triplex
- Year built
- 2006
- Lot size
- 21,780 sq ft
- Parking
- 2 spaces
- Garage
- 2 spaces
- Days on market
- 128
- MLS status
- Active
Location & Neighborhood
Frequently Asked Questions About 15705 Tern Road
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
Get More Info
Crown Coastal Support Team
Direct support from our real estate team
Listing Agent

