16 Well maintained units on the Western portion of City Heights. Long term very hands on ownership. Mostly long term tenants with rents 15-20% below the market. Units are larger than average for the area (See full OM for breakdown of estimated square footage). New roof 2016 with 17 year warranty. Excellent unit mix of 50% 1br and 50% 2br/1bath, 2br/2bath. On site laundry room and plenty of off street parking. TRUE AD VALUE OPPORTUNITY. Rents can easily be raised roughly $150/unit without doing much upgrading. This side of City Heights is seeing a transformation of younger professionals seeking more affordable rents compared to North Park, Normal Heights. Walking distance to several schools, parks, restaurants and shopping. Walk score 93 out of 100!
|--||New Value: $4,200,000|
|8/21/2019 8:21:00 PM|