

80th Street Property
Well maintained and upgraded with a large vacant third unit 1 Bdrm and 1 Bth
Marketing description
Great Upside in Prime Location! Unlock the potential of this three (3) unit residential property ideally situated near Central Avenue with access to shopping, dining, and public transportation. Set on a generous 5,523 sq ft lot, the property features two detached units totaling 2,034 sq ft of living space. The front unit offers 2 bedrooms and 1 bath with an attached 1 bedroom 1 bath unit recently constructed by prior owner. Please note this unit (which is attached to the front unit) was built without permits! The rear unit is 2 bedrooms and 1 bath for a total of 5 bedrooms and 3 baths in 3 units. Whether you're seeking a multi-generational living setup, rental income, or a long-term investment, this property offers flexibility and strong upside potential. Located in an area known for its solid tenant pool, it presents a compelling opportunity for investors and owner-occupants alike. The front 2+1 unit has some great upgrades. The attached unit 1+1 has upgrades as well. Plenty parking in the back off the alley. When submitting an offer please use the CAR Residential Income Property Purchase Agreement (RIPA).
Investment highlights
The third unit updated attached to the front build (No permits) currently vacant. Was receiving
$1,500/Mo. Gross Rent Multiplier with the projected third unit rental would be 11.83. Current Gross Rent
is $48,000/Yr GRM is 16.56
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