2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including
Roof upgrade, sealed with silicone layers |
New washer dryer in laundry room with PayRange digital payment system |
New 75 gallon, triple braced hot water heater |
Fresh paint on building exterior, garage interior |
New windows |
New electrical panels, moved to hallways from bedroom closets |
Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails |
New carpet in units two, three, and four |
Crawlspace cleaned out and emptied |
As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made.
These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset