978 75Th Ave

Property Overview
978 75th Ave delivers stabilized income at $895,000. Fully occupied four-unit building — two 3BR/1BA and two 2BR/1BA — with $117,660 in annualized gross income and a proforma NOI of $76,073. Three units on active HACA HAP contracts with ~$8,055/month in combined HAP payments. Separate gas and electric meters for all four units; tenants pay their own utilities. Updated kitchens with quartz countertops and shaker cabinets. New LVP flooring and fresh paint throughout accessible units. Individual Rheem tankless water heaters per unit (2019). Four on-site parking spaces, one per unit. One block from I-880 access; under a mile to Coliseum BART. At $307/SF and $223,750/unit, the numbers work today — and market rents point to 9.5% at turnover.
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