Investor special with strong upside potential! Triplex situated on a 6,592 sf lot offering multiple value-add opportunities. Property consists of two 1BR units and one 2BR unit with significant rental upside. Ideal for experienced investor, contractor, or developer looking to reposition, renovate, or explore future development potential. Large lot may offer additional possibilities (buyer to verify). Convenient location with access to major transportation routes and urban amenities. Property is located in an Opportunity Zone which may provide potential tax benefits. Sold in as-is condition. Property presents a rare opportunity to acquire a multi-unit asset with below-market rents and substantial repositioning potential. Existing improvements total approximately 1,796 sq. ft. across three units. No current leases in place (month-to-month tenancies). Buyer to assume property in current condition. Ideal for cash or hard money buyer. Property may not qualify for conventional financing.
Listing courtesy of Listing Agent: Greg Flaherty (greg@coastalpro.com) from Listing Office: Penny Realty.
Listing sold by Reyna Perea Lopez from Coldwell Banker West
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.