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Investment Highlights
- This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units
- All units are occupied, providing immediate and consistent rental income
- recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today’s tenants
Executive Summary
Excellent opportunity to own a well-maintained 7-unit multi-family property in the heart of McCully zoned BMX-3! This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units. The property has been recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today’s tenants. All units are occupied, providing immediate and consistent rental income. Conveniently located near shopping, dining and easy access to public transportation, this McCully property offers both revenue and long-term investment potential!
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
| 1+1 | 3 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1-2-3-028-024-0000 | Improvements Assessment | $245,100 |
| Land Assessment | $932,600 | Total Assessment | $1,177,700 |
Property Taxes
Parcel Number
1-2-3-028-024-0000
Land Assessment
$932,600
Improvements Assessment
$245,100
Total Assessment
$1,177,700
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1812 Algaroba St
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