530 2nd Street

Very well located in Japantown is Tiffany Villa, a beautiful 7 unit property with abundant off-street parking and 8 rentable storage units for bonus income. A real CASH COW annually generating $183,720 GSI and $114,986 NOI. It's a TRUE TURNKEY ASSET with ideal unit mix and proven excellent very low vacancy operating history. Meticulously upgraded and maintained during 18+ years pride of ownership. Amazing curb appeal with lush landscaping and decorative details. Spacious interiors retain authentic 1898 Victorian character. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, front stairs 2010, water heater 2019, some recent new carpets/interior paint, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Very attractive shaded yard between the buildings with tables & seating. Enjoy the significant tax advantages of owning income property! This is also a terrific 1031 exchange upleg property.