www.3411Adeline.com. Price reduced by $100K. The building features an ideal unit mix of two 3bd/2bth ADU's, one large 3bd/2bth, one 4bd/3bth, and two spacious 4bd/4bth, totaling 6,208 SF in rentable space. The property is 100% occupied at market rate, providing the opportunity for a truly passive investment. All units have been fully remodeled, including brand new windows, appliances, and beautiful hardwood flooring. Each unit is separately metered for gas & electric, with current tenants paying for PG&E. The structure is also sub-metered for water, sewer & trash, allowing future ownership to recapture utility expense by implementing RUBS. Offered at an above market 5.91% cap rate.
Courtesy of The Pinza Group, Inc, Steven Pinza
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