Description
Great investment potential with 100% occupancy in hip and rapidly gentrifying Frog-Town! This property consists of 2 lots on a single APN & brings incredible opportunity for improved CAP rate & GRM. Currently occupied by long-term tenants with below market rents, the front of the property presents a 2 story structure consisting of (4) 1 bed/1 bath units. The rear of the property offers plenty of surface parking and 2 free-standing 2 beds & 1 bath units. There are 8 parking spots on this 9500+ sq ft property. Units have wall a/c and heating units, each unit is separately metered for gas & electricity. Units have not been updated. Seller may finance.
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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3,321SQFT
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$467$/SQFT
School Ratings & Info
Description
Great investment potential with 100% occupancy in hip and rapidly gentrifying Frog-Town! This property consists of 2 lots on a single APN & brings incredible opportunity for improved CAP rate & GRM. Currently occupied by long-term tenants with below market rents, the front of the property presents a 2 story structure consisting of (4) 1 bed/1 bath units. The rear of the property offers plenty of surface parking and 2 free-standing 2 beds & 1 bath units. There are 8 parking spots on this 9500+ sq ft property. Units have wall a/c and heating units, each unit is separately metered for gas & electricity. Units have not been updated. Seller may finance.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.