Golden Investment Opportunity in Bascom Forest Estate Sale. Introducing a rare chance to acquire a 9-unit residential property in the highly sought-after Bascom Forest neighborhood. Situated on a 25,700 sq. ft. lot, this estate sale presents tremendous value-add potential and flexibility for expansion or redevelopment. The property features five separate… Read More buildings with nine total units, offering an ideal layout for residents and future planning. On-site parking includes 8 garage spots and 7 open stalls, a rare and attractive amenity in this area. Zoned for up to 17 units, investors can unlock substantial upside through expansion, renovation, or repositioning. Current rents are well below market, providing immediate potential for income growth. This is a prime investment opportunity with solid fundamentals, multiple exit strategies, and exceptional long-term appreciation potential in one of the regions most desirable locations. Read Less
Courtesy of Realty World-Hirsch & Assoc., Jack Hirsch 650-219-7299
Listing Snapshot
Days Online
9
Last Updated
Property Type
Five Or More Units
Square Ft.
6,500
Lot Size
0.59 Acres
Year Built
1940
MLS Number
ML82026638
30 Days Snapshot Of 95126
$1.25M
+18%
(avg) sold price
12
+71%
homes sold
67
+272%
(avg) days on market
Snapshot
Area Map
Additional Details
Floors
Laminate, Carpet, Hardwood, Vinyl / Linoleum
Lot
Max Area: 25700.00, Max Area Units: Square Feet, Lot is 0.58999081726354 acres
Accessibility Features
Parking
Unit One
1 bedroom
Unit Three
bedrooms: 2
Unit Four
4 bedrooms
Building
6,500 structure square feet, Age: 85, Built in 1940, 6 buildings, Construction type: Wood Frame, 9 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter and Slab, Concrete Slab
Garage
8 garage spaces, Attached Garage, Detached Garage
Water Features
Public
Heating
Forced Air, Wall Furnace
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 46969
Parking
7 parking spaces
Property
Zoning: R3
Roof
Bitumen, Composition
Security Features
None
Taxes
Annual tax amount: $28,069
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters, Public Utilities
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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