
Listed by Century 21 Affiliated
$895,000
3044 N Kolmar Avenue
Details
APN 13271110050000
Property Type Multifamily
Sub Type Apartment Building
NOI $34,800
Year Built 1964
Parking Spaces spaces
Multifamily
Marketing description
Desirable All-Brick 3-Unit Building on Oversized Lot in prime boulevard location. Don't miss this rare opportunity to own a solid, all-brick 3-unit building situated on a humongous lot along a picturesque, tree-lined boulevard. This well-maintained property offers exceptional value with separate utilities and individual laundry connections for each unit-perfect for owner-occupants or savvy investors. The first-floor unit has been recently remodeled and showcases updated finishes, including oak kitchen cabinets, a ceramic tile bath, newer hardwood floors, windows, doors, and generous closet space throughout. The second and third-floor units each feature 3 bedrooms, 1.5 baths, wood-burning fireplace and offers spacious layouts ideal for tenants or extended family. One bedroom in the owner's unit is currently used as a family room, adding warmth and flexibility to the space. Both upper-level apartments enjoy access to newer, private decks-perfect for outdoor relaxing or entertaining. The serene, expansive backyard provides a peaceful retreat that seems to go on forever, making it an ideal setting for summer enjoyment and gatherings. Current rents are below market due to long-term, month-to-month tenants, offering significant upside potential. Conveniently located within walking distance to schools, public transportation, and everyday conveniences, this is a must-see property with endless possibilities.
Listing Contacts

Listed by Century 21 Affiliated
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,800.00
$2,900.00/mo
Valuation Metrics
0
DSCR
3.89%
Cap Rate
3.89%
ROI
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