Property Description

Subject property is a 4-unit apartment complex built in 1965 (Subject to Rent Control). The property has on-site surface parking for all units and laundry room with washer and dryer owned by Landlord that generates $120 per month in additional income. The Building has a favorable unit mix of 2 bedroom 1 bath units. Actual rental income is as of October 1, 2019. Proforma rental income is based on market rents. This property is walking distance to Bandini Street Elementary school and several places of worship.