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INVESTMENT HIGHLIGHTS
- Nine units are newly constructed + 3 Fully renovated units.
- Hedge on AB 1482 Rent Control Laws.
- Fire suppression system in place.
- Well appointed studios with AC, Laundry, and new kitchen appliances.
- Centrally Located- 89 walk score.
- Fiber internet ready.
EXECUTIVE SUMMARY
Experience the perfect blend of past and present. Our fully gated property features a beautifully renovated 1938 building with spacious 1 and 2-bedroom units, alongside a brand-new, state-of-the-art studio building completed in 2025. The subject property boasts new, fully appointed all-electric studios (~300 sq. ft.) are the pinnacle of modern,
efficient living. Four units are designated for affordable housing. Tenants enjoy all the desirable amenities that include, private AC, Washer/Dryer, New appliances, Dual pane
windows, stone countertops, recessed lighting, large bathroom space. The property offers gated entry, fire suppression system, water sub-meters, individual electric meters,
fiber internet and more. Enjoy enhanced security, peace of mind, and a lifestyle where thoughtful design meets ultimate convenience. Whether you prefer historic charm or brand-new construction, your sophisticated urban sanctuary awaits.
efficient living. Four units are designated for affordable housing. Tenants enjoy all the desirable amenities that include, private AC, Washer/Dryer, New appliances, Dual pane
windows, stone countertops, recessed lighting, large bathroom space. The property offers gated entry, fire suppression system, water sub-meters, individual electric meters,
fiber internet and more. Enjoy enhanced security, peace of mind, and a lifestyle where thoughtful design meets ultimate convenience. Whether you prefer historic charm or brand-new construction, your sophisticated urban sanctuary awaits.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| Sale Condition | 1031 Exchange | Lot Size | 0.12 AC |
| Gross Rent Multiplier | 12.85 | Building Size | 5,152 SF |
| No. Units | 12 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1938/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 0.19/1,000 SF |
| Zoning | CC-3-4 | ||
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 12.85 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,152 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built/Renovated | 1938/2025 |
| Parking Ratio | 0.19/1,000 SF |
| Zoning | CC-3-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Kitchen
- Tub/Shower
- Views
- Double Pane Windows
- Freezer
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Quartz Countertops
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Gated
- Wheelchair Accessible
- Recycling
- Trash Pickup - Curbside
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | $2,150 | 300 |
| 2+1 | 1 | $3,300 | 800 |
| 1+1 | 2 | $1,700 | 600 |
1 1
Walk Score®
Very Walkable (89)
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2521 Columbia St
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