Bargain at $439,637;  $9,999 down, 5% Interest

                 

                           http://www.marilynyork.net/lease.php

                   

                                     550 California Avenue

               

                                  Click Pictures to enlarge.

                   

                   

Charming and attractive Professional Offices, prime location at 550 California Avenue,

within walking distance of downtown and courthouses. It has (7) private offices plus a nice

reception room upstairs and a reception area downstairs. Included are two bathrooms and

a breakfast kitchen area. Recently remodeled; good parking.

2,351 square feet, FOR SALE at only $187/sf including land or $439,637 total with

new roof. Seller financing at 5% Interest; $9,999 down to qualified buyer.

P.I.               2,124/mo (30 year amort., seller financing 3 years at 5% interest, 10% down)
Taxes              120/mo
insurance         100/mo

total              2,344/mo
tax advantage -874/mo**

                   $1,470/month net effective monthly payment, which beats renting.

**Interest and depreciation first years would be 1,648/mo + 1,000/mo = 2,648/mo and at

a 33% tax bracket it would save you $874/mo in taxes plus writing off other taxable items.

Contact Person (owner):  Ray York at 624-2696; york@gbdev.com

Attorney Marilyn D. York, Inc. was the tenant from 2002 to 2009 and then moved her

Family Law Offices to 548 California Ave. (East corner of Gordon).

NO AGENTS PLEASE.                   See Floor Plan       See Sales Comparables