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Submitted by Ricechex on July 25, 2008 - 4:41pm housing market Hello All, I was looking at some multi-family properties on ziprealty. Some of these are starting to pencil out almost as a break even as rental units (with 3% down) if present rents maintain. If BofA will pay closing costs, and one of the units is owner occupied, it seems like it might be worthwhile investment. However, sdlookup.com won't recognize the MLS # for multi family units, and ziprealty provides very limited information. Does anyone know of any other sites to get more information? Also, I would like to find out past purchase prices/dates for some of these properties. Any help would be greatly appreciated. Does anyone have any opinion on buying multi-family rental units at this time? Do you think rents will stay consistent? ‹ No closing costs? Bailout bill tax credit provision has some fine print. › Login or register to post comments Printer-friendly version 4plexowner is your man. He's Submitted by Bugs on July 25, 2008 - 6:15pm. 4plexowner is your man. He's got a pretty solid handle on the subject. Login or register to post comments sites! Submitted by surveyor on July 25, 2008 - 6:45pm. sites! You can look up the APN of the property by using the address and sangis.org. Use the interactive mapper, enter the address, and it will give you the APN. Using the APN, you can find out information on the property on the San Diego Assessor's site. The assessor's site should give you past purchase sales. You can also find out more by using loopnet.com to look at the property (sometimes it has it listed there and they have more detailed information). As for rents, I believe they will be going up for a little while. However, I still think the multi-units are too expensive to purchase right now. Login or register to post comments