Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building (five are 2bedrooms) w/ addtl SFH (2bds/1ba) sits on a 7,650 sqft street-to-street lot w/ coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute to high-income jobs + Whole Foods & Trader Joe's.
Sold
Zillow last checked:
Listing updated:
Bought with:
Phil Greely, 101381
Realogics Sotheby's Int'l Rlty
Source: NWMLS as distributed by MLS GRID,MLS#: 2233647
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2024 | Sold | $1,800,000-10%$263/sqft |
Source:  NWMLS as distributed by MLS GRID #2233647 Report a problem | ||
| 6/27/2024 | Pending sale | $2,000,000$293/sqft |
Source: NWMLS as distributed by MLS GRID #2233647 Report a problem | ||
| 5/8/2024 | Listed for sale | $2,000,000$293/sqft |
Source: NWMLS as distributed by MLS GRID #2233647 Report a problem | ||
| 6/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/25/2023 | Listed for rent | $1,600+33.9% |
Source: Zillow Rentals Report a problem | ||
| 2/16/2016 | Listing removed | $1,195 |
Source: Apple Property Management Report a problem | ||
| 2/8/2016 | Price change | $1,195+3.9% |
Source: Apple Property Management Report a problem | ||
| 2/5/2016 | Listed for rent | $1,150 |
Source: Apple Property Management Report a problem | ||
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Estimated market value
$1,838,300
