1206 3rd Avenue
Property Overview
Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1921
- Living area
- 4,908 sq ft
- Lot size
- 7,802 sq ft
- Parking
- 4 spaces
- Garage
- 4 spaces
- Stories
- 2
- Days on market
- 31
- MLS status
- Active
- Architectural style
- Mediterranean
- Zoning
- LARD1.5
Features & Amenities
Interior
- Ceiling Fans
Appliances
- Disposal
- Gas Oven
- Refrigerator
Lot
- Back Yard
- Landscaped
Security
- Gated Community
- Window Bars
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- WallFurnace
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 1206 3rd Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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Listing Agent
