Originally constructed in 1924, the property features a unit mix featuring three (3) 1 bedroom 1 bathroom units and one (1) 3 bedroom 1 bathroom unit. Each unit is individually metered for gas and electricity, while water and sewer are the landlord's responsibility. This is a long term value added opportunity for the patient investor to capitalize on approximately 80% +/-of rental upside. Presently, the property does not feature any laundry providing an opportunity for the creative investor to create additional income by adding coin-operated laundry or higher rental rates with in unit laundry. Property also features room for on-site parking, and there is typically ample street parking available. Back structure needs a new roof.
Based on information from California Regional Multiple Listing Service, Inc. as of November 29th, 2020 at 6:27pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.