Property Detail

Description

Investment highlights: 5 turnkey 1-bed/1-bath units in a highly desirable coastal rental market. sq ft 520sq ft. to 700 sq ft. ALL UNITS ARE RENTED Prime Belmont Heights location near the beach, dining, and retail, supporting strong long-term tenant demand. Classic 1920s construction with character, updated interiors, and on-site parking (2 garages + 2 additional spaces). This asset offers solid in-place income with value-add potential through rent optimization, cosmetic improvements, and repositioning over time. ADU POTENTIAL Reach out to me for the more information. If you need financing I will put you in touch with a couple of lenders who will walk you through projected returns based on your target down payment and financing. If you have a 1031 exchange need this is an ideal place to move your tax deferred money. **Of note do not go direct to any of the units and the occupants are not to be disturbed. You can do a drive by only to view the property, neighborhood, and great proximity to the beach, pier, shopping, etc.