eXp Realty of California, Inc.
Listed by eXp Realty of California, Inc.
$2,600,000
236 S Helberta
Details
APN 7506013018
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 4.75%
Buildings 2
Acreage 0.173
Zoning Assessor
Multifamily | 4.75% CAP | 3 Units
Marketing description
Rare income property that doesn't feel like one. Each of the three residences lives more like its own single-family home, offering generous layouts, private living spaces, and character rarely found in today's rental market. Ideal for investors, owner-occupants, or those seeking cash flow and future upside, this versatile property offers exceptional flexibility. The front residence is a charming single-story 2-bedroom, 1-bath cottage with original hardwood floors, vintage built-ins, the original fold-away ironing board, and off-street parking for two vehicles. Beneath Units A and B is a 1,000-square-foot basement with community laundry, tenant storage, and a separate room with a half bath and shower head already installed. With the shower pan and tile work left unfinished, it offers an easy opportunity to complete a full bath and potential for an ADU or fourth income-producing unit, buyer to verify. Built in 1994, the middle residence lives like a 3-bedroom, 2-bath with two bedrooms plus an office. Vaulted ceilings with exposed wood beams, an open living, dining, and kitchen area for entertaining, built-in library shelving, private patio, slight ocean peek, and two covered carport spaces complete the home. Privately tucked away at the rear, the largest residence is a spacious two-story 3-bedroom, 3-bath that lives like a 4-bedroom. The flexible floor plan offers a main-level primary suite, additional bedroom and bath, spacious living and dining areas, rear deck, private yard, attached 3-car garage, and an upstairs loft with another bedroom, bath, open living area, and peek-
Listing Contacts
eXp Realty of California, Inc.
Listed by eXp Realty of California, Inc.
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