Listed by Califano Realty
$1,398,880
637 W 11th
Details
APN 7454018007
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 5.47%
Buildings 3
Acreage 0.310
Zoning Public Rec
Multifamily | 5.47% CAP | 5 Units
Marketing description
Investment opportunity on a rare double lot! Situated on two 6,750 for a total of 13,500 square foot. The parcel is zoned RD1.5-1XL. This unique property features a total of five units, including two separate houses and a triplexoffering versatility for both investors and owner-users alike. Currently, only one of the five units is tenant-occupied, with the remaining units delivered vacant at the close of escrow, providing immediate flexibility for rental income optimization, renovations, or multi-generational living. Several units have hardwood floors, original tile work, beautiful crown molding, built in China cabinets and much more. Three of the units have individual laundry rooms. The property also includes six single-car garages, presenting excellent potential for conversion into ADUs (Accessory Dwelling Units) to further maximize value and income potential.
Listing Contacts
Listed by Califano Realty
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