Property · 2 recorded sales since 2015
Listing Agent: Cris Molles (DRE #01345419) · Listing Office: The Realestate Group · Contact: 310-540-0072 · Bought with: Daniel Fredericks · The Realestate Group · MLS #SB18062256 · Source: CRMLS
PRICE REDUCED!! MOTIVATED SELLER! NO RENT CONTROL! 1989 Building. Excellent Mix of 5-2 Bdrms./ 2 Baths, and 1-1 Bdrm./ 1 Bath. Freshly Painted. 100% Fully Rented. Current Rents Are at Least 15% Below Market. Only 13.5 X GRM at Current Rents--11.77 X GRM at Market Rents! Superb Upside Potential! Close to Schools, Shopping and Transportation. Current Owner Recently Upgraded Building from a 5 Unit Plus a Bootleg Unit to a Legitimate 6 Unit With a Certificate of Occupancy. Buyer to Verify.
Listing description from the August 2018 sale, as reported to CRMLS.