Sold on Mar 26, 2026
1 bd · 1.0 ba · 11,440 sqft · 0.55 acres
Residential Income · Multi Family · Built 1986
Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. Built in 1986, with select units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with reliable income and built-in value-add potential.PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical
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Data last updated: October 17, 2026 6:32 PM PT
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