The following 4 unit property is ideally suited for a developer- The land is zoned to build 20-25 unit apartments ( buyer to verify with city planning ) the tenants are under rent control - The ideal buyer is one who plans to relocate existing tenants and build 20-25 new… Read More apartment units on site. This property is ideal for an all cash investor who has the knowledge and expertise to develop this 4 unit into a 20-25 unit multifamily project. Twelve to Fifteen million after value development potential or more. Read Less
Property listed by Christopher E. Williams Realty, Christopher Williams 310-215-3401
Listing Snapshot
Days Online
5
Last Updated
Beds
8
3/4 Baths
4
Square Ft.
4,268
Lot Size
0.19 Acres
Year Built
1955
MLS Number
26106196
Additional Details
Building
Built in 1955, Living area: 4268.0, 1 building, Building faces West, 2 stories, Levels: Two, Entry location: Ground Level w/steps
Cooling
None
Accessibility Features
None
Expenses
Insurance: $175, Water/Sewer: $240
Exterior Features
Patio/Porch Features: None
Fireplaces
None
Floors
Carpet
Heating
WallFurnace
Income
Gross Income: $5,650, Net Operating Income: $54,200
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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