Listed by Reafco
$339,900
899 Geers Avenue
Details
APN 010-080550
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 4
Price per SqFt $74
Class C
Year Built 1947
Acreage 0.110
Driving Park 4-Unit with Vacancy Upside and Immediate Income Potential
Marketing description
Well-maintained and professionally managed four-unit property located in the growing Driving Park neighborhood. The asset features four 1-bedroom, 1-bath units with reliable rental demand in an affordable workforce housing corridor. Three units are currently leased, and one unit is vacant, creating immediate flexibility for an owner-occupant or an investor looking to increase rents and maximize performance.
Current rents are as follows:
Unit A: $750
Unit B: Vacant
Unit C: $725
Unit D: $815
Total in-place monthly rent is $2,290 plus water reimbursements, with clear upside by leasing the vacant unit and optimizing rents over time.
Listing Contacts
Listed by Reafco
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