Property listed by RE/MAX One, Chase Simonton 818-366-3300
$3,200,000
3 Vacant Units - 6 Remodeled Units - Washer/Dryer in ALL units - Expecting Approved Permits for 2 ADUs - 12.16 GRM - 1233 14th Street is an 8-unit apartment building with strong in-place upgrades and clear upside. The property features six 1-bedroom units and two 2-bedroom units, with six… Read More apartments renovated to modern standards including recessed lighting, updated kitchens and bathrooms, new flooring, and in-unit washer/dryers throughout. New electrical systems were completed in 2024. Additional value is created through the planned conversion of the detached garages into approximately 425 square foot 1-bedroom ADUs, adding two units and 850 square feet to the property. The project is currently in plan check with the city under Plan Check No. 25BLD-0352, offering a defined path to increased income and density. Read Less
Listing Snapshot
Days Online
43
Last Updated
Beds
10
Square Ft.
5,536
Lot Size
0.17 Acres
Year Built
1952
MLS Number
26638171
Additional Details
Building
Built in 1952, Living area: 5536.0, 2 buildings, 2 stories, Levels: Two
Cooling
None
Heating
None
Income
Gross Income: $263,064, Net Operating Income: $185,234
Lot
0.1718 acres
Parking
5 total parking spaces
Taxes
Parcel Number: 4282003015, Zoning: SMR3*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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