Exceptional investment opportunity featuring five residential units on one parcel, with four units currently occupied and one fully renovated unit vacant and ready for immediate occupancy or lease-up. Ownership has invested approximately $200,000 in capital improvements over the past six years, significantly enhancing the property's condition and long-term value. Major… Read More upgrades include a newer roof on the main building (approx. one year old), extensive stucco repairs, newer copper plumbing, four newer water heaters, and mostly newer dual-pane windows throughout. Units have been updated over time with remodeled interiors and wall, ceiling, and sheetrock improvements. Two garages will be delivered vacant at close of escrow, offering flexibility for owner use, tenant amenities, or additional income potential. A well-maintained asset with stable income, upside potential, and significant recent improvements. Read Less
Courtesy of Coldwell Banker Realty, Blaire Jahn 415-876-8769
Listing Snapshot
Days Online
77
Last Updated
Property Type
Multiple Dwellings / Structures
Square Ft.
4,303
Lot Size
0.23 Acres
Year Built
1924
MLS Number
ML82051140
Additional Details
Lot
Max Area: 10189.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1 rent: $2,400
Unit Two
2 bedrooms in unit 2, Unit 2 rent: $1,320
Unit Three
3 bedrooms in unit 3, Unit 3 rent: $1,260
Unit Four
2 bedrooms in unit 4, Unit 4 rent: $2,200
Accessibility Features
None
Building
Built in 1924, 2 buildings, 4,303 structure square feet
Roof
Composition
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Wall Furnace
Cooling
None
Foundation
Concrete Slab
Water Features
Public
Garage
3 garage spaces
Miscellaneous
Vacancy factor: 5
Tenant Pays
Utilities - Electric, Utilities - Gas
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