Don't miss this exceptional opportunity to own an income-producing fourplex located just a few blocks from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities.
The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups.
Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income.
This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies).
Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment.
2 days
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80
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4
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Zillow last checked:
Listing updated:
Listed by:
Dareh GregorianDRE #02208598818-590-3198,
Executive Realty & Finance
Source: CRMLS,MLS#: SR26164033Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Heating
Natural Gas, Wall Furnace
Cooling
None
Appliances
Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
Flooring: Carpet, Vinyl
Windows: Wood Frames
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 1,985
Total interior livable area: 1,985 sqft
Property
Features
Levels: One
Stories: 1
Entry location: Street
Pool features: None
Spa features: None
Fencing: Privacy
Lot
Size: 4,385 Square Feet
Features: Front Yard, Level
Details
Parcel number: 7454033012
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Foundation: Raised
Roof: Shingle
Condition
Updated/Remodeled
New construction: No
Year built: 1922
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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