No showings until 7/25. Wonderful 9-unit building located two blocks off the Capitol Square! Building consists of 7 studio apts, two 1-bedroom apts & 5 off-street parking stalls. Solid floor plans w/easy marketability, strong rental history & many long term tenants. Property has historically been leased on traditional 12-mo terms but other great possibilities for short term rental, bed & breakfast or redevelopment (confirm w/city). Property is under-rented. LA estimates market gross revenue to be $90K-$100K annually. Monthly rents beginning Aug 2020: 1-$685, 2-$0 (owner occ), 3-$880, 4-$760, 5-$750, 6-$670, 7-$900, 8-$775, 9-$785.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
