This fabulous 2 story walk-up building over gated parking is located only 3 blocks to the water in an excellent area of Bellmont Heights. The building is walking distance to Bixby Park and is surrounded by high quality apartment buildings and condminiums. It was built in 1987 and the units offer wonderful tried and true floorplans. Rents have quite a bit of room to move. The last rent of $1,225 demonstrates the upside potential of this property as an apartment building. The building has an approved tract map for condo conversion from 2008 (buyer to verify condition of filing), so it has additional upside from that perspective. The individual units feel much more spacious than the actual square footage would indicate. The units on the upper floor have vaulted ceilings for an even more spacious feel. It is tough to find good buildings in quality locations like this one, and it is priced to move. Please email listing agent for a set-up.
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