Looking 1st investment property in Sac, Central Coast with 500k

[RICKY LOPEZ]

Hello all!

I am new to real estate and investing and hoping on finding some advice and a property that will generate steady income and some appreciation in value.

I am in search of a multi-family investment rental property in the Central Valley or the Central Coast areas and would like some input on what areas are more desirable. My budget is 500k-550k.

Thank you

[Owen Schwaegerle]

Hi Ricky, the California Central Coast is a beautiful place! There are still some pockets where you can invest that makes sense. In San Luis Obispo County, there are investors making moves in the North County. If you travel further south, you can find some pretty good returns in Nipomo, Santa Maria and Orcutt which are both in north Santa Barbara County. I know of a 4plex that might meet your criteria. Happy to chat!