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801 Atlantic Avenue
USD 1,475,000
Property ID: SB24227269
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801 Atlantic Avenue ,90813
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icon 3001 SqFt
icon Built in 1914
icon USD 492/SqFt
icon 10 Beds
icon 4 Full
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Location Street View
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Interior Details
Bedrooms
10
Bathrooms
4
Interior Size
3312
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1914
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Detailed Introduction Of This Home
4-unit property, live in one unit and let the remaining 3 units pay your mortgage! Perfect for an investor looking for a renovated multifamily in a downtown location with high rental demand. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! Enjoy gross scheduled rents of $113,220 per year, a 13.0 GRM, a 5% cap rate, and upside in rents. Additionally, unit 807 (3bd 1ba) and unit 803 (2bd 1ba) will be available at close of escrow, ideal for an owner-occupant or investor to select their tenant and capture market rent!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (19)
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801 Atlantic Avenue
USD 1,475,000 10 Beds
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