4581 Georgia Street, Normal Heights, CA 92116
- $1,498,000
- List Price
- $1,498,000
- Status
- ACTIVE
- MLS#
- 260021070SD
- Year Built
- 1977
- Lot Size
- 5,248
- Acres
- 0.12
- Days on Market
- 22
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- University Heights
Property Description
University Heights! Three well-maintained units in a great location just a short distance from Adams Avenue. The front house is a spacious three-bedroom, one-and-three-quarter-bath residence featuring a fireplace, newer flooring, a new roof installed in 2024, and a convenient in-unit laundry room/enclosed porch. The two rear one-bedroom units offer identical floor plans and are both in good condition. Four off-street parking spaces in the rear serve the tenants, plus an additional guest parking space. Adding to the property's appeal is a space of just over 600 square feet beneath the rear units, currently used as laundry facilities for the one-bedroom units, along with significant additional storage. There is also a potential additional unit, as the space includes a bath but requires completion; buyer to verify all permitted uses and square footage. With a desirable University Heights location, well-maintained units, multiple parking spaces, and significant upside in rents, this is an excellent opportunity for an investor looking for a property with both immediate appeal and future potential.
Additional Information
- Heat
- Natural Gas
- Cooling Description
- None
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $86,280
Listing courtesy of Listing Agent: Mike Tristani (mtris@mac.com) from Listing Office: Tristani Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.