Attention investors! This is your chance. Fantastic cap rate!! Redevelop or keep as income producing property. Fantastic location, fantastic cash flow. Fully rented. This one is a money maker! Prescott elementary and close to Wrightwood Park. Legal 2 unit with a third garden unit. Gross monthly rental income currently ~$4200. A new owner could rehab each unit as the leases expire and get a lot more in rent! Many updates throughout the years including efficient HVAC, bathroom and kitchen updates. High first floor unit has a wide open floorplan, open kitchen with island, tall ceilings, hardwood floors in living room and a rehabbed bathroom in 2017. Second floor duplex unit has a dramatic wall of windows, rehabbed eat in kitchen in 2017, hardwood floors in living room and interior spiral staircase. Basement apartment + additional storage, two exterior parking spaces and enclosed porch. Tons of new construction nearby!!
Listing courtesy of Redfin Corporation.
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