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1015 1017 Grand Ave
For Sale $2,400,000
$2,400,000
- 8 Units
- Unknown Sq Ft
- 8,891 Sq Ft
- Unknown Cap Rate
Description
This exceptional building offers a blend of residential and commercial spaces, making it a versatile investment for savvy buyers. Here’s what you’ll find: Residential Units: 6 apartments provide steady rental income, all units are leased and rents are low/room to increase revenue. Garages: 4 spacious garages, perfect for tenant use or additional rental income. Parking: 14 parking spaces, ensuring ample room for residents and guests. Utility Room: Conveniently located for easy access and maintenance. Service Bathrooms: 2 bathrooms available for service staff or public use. Laundry Room: Generates additional income, adding to the property’s revenue stream. Commercial Space: Includes a fully operational restaurant, enhancing the property’s commercial appeal. Recently installed new fence in the back lot, asphalt was recently redone about 2 years ago and one side of the building was reroofed about 1 year ago. Conveniently located close to public transportation and shopping centers.***ADU POTENTIAL*** All reasonable offers will be considered. Don’t miss out on this prime investment opportunity – submit your offer today!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,400,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1986 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5793651900 |
| MLS # | PTP2403110 |
| Property ID | 320538370 |
| Lot Sqft | 8,891 |
| Zoning | COMMERCIAL |
| Total Units | 8 |
| Days on Market | 190 |
| Original List Price | $2,400,000 |
| Date Updated | September 30, 2024 |
| Date Created | May 17, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Bertha Llamas an agent of Coldwell Banker West. Lic #00869061
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT