Fully occupied, this ten-unit multifamily investment property features a mix of stand-alone residences and duplexes, all on one parcel. With six two-bedroom units and four one-bedroom units, the property offers established rental income and an opportunity to build long-term value through future improvements. Conveniently located near restaurants, the beach, and… Read More Highway 1. Read Less
Courtesy of Raeid Farhat Real Estate Inc, Shawki Farhat 831-228-9559
Listing Snapshot
Days Online
1
Last Updated
Property Type
Five Or More Units
Square Ft.
5,544
Lot Size
0.57 Acres
Year Built
1940
MLS Number
ML82063658
30 Days Snapshot Of 93955
$833k
+11%
(avg) sold price
6
-40%
homes sold
29
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 24900.00, Max Area Units: Square Feet, Lot is 0.57162534435262 acres
Accessibility Features
None
Unit One
624 approximate square feet, 2 bedrooms
Unit Two
799 approximate square feet, bedrooms: 2
Unit Three
724 approximate square feet, bedrooms: 2
Unit Four
523 approximate square feet, 2 bedrooms
Building
5,544 structure square feet, Age: 86, Built in 1940, 8 buildings, 10 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter
Garage
Other
Water Features
Public
Heating
Wall Furnace
Tenant Pays
None
Miscellaneous
Total expenses: 90462
Property
Zoning: RH
Roof
Shingle
Security Features
None
Taxes
Annual tax amount: $28,113
Sewer
Sewer - Public
Utilities
Master Water, Public Utilities
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