This property is ideal for a real estate investor or a 1031 exchange. Currently rented for $2,100 per month and leased will be up for renewal on February 2019 at $2,400 month-to-month. Please do not disturb tenant. Tenant may or may not continue leasing for another 2 years but there's a big chance tenant will. The posted photos of the unit was taken 2006. The owner has never had problems with the 3 sets of tenants since 2006 and they have kept the unit in good condition. Sold 'as-is' and the new owner can occupy unit when the lease expires in February 2019 if he/she so chooses but he/she will have to reimburse the tenant with the "security deposit" in the amount of $2,600 which is explicit in the written rental contract, before tenant will vacate the unit. Seller is a licensed real estate agent in California. This unit is on the first floor making it 'easy access'. Unit and elevator are accessively close to its car space in the covered garage. This unit is just a few steps from the laundry room, garbage shoot, and building entrance/exit. Seller will give 2% commission to buying broker.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
