A remarkable opportunity to acquire a stately multifamily property prominently situated on a corner lot in the Monte Vista Historic District-one of the city's most beloved neighborhoods. Offered for the first time in more than five decades, this fine, historic apartment building offers enduring charm and architectural significance. Each of the 12 apartments features 2 bedrooms and 1 bath, offering comfortable living and strong rental appeal. Intact original design details and craftsmanship reflect the neighborhood's rich legacy. Long-term tenants and consistent occupancy offer immediate stability with the opportunity to unlock upside through tasteful renovations and modern enhancements. With its rich heritage and enduring presence in the neighborhood, this property offers a rare chance to carry forward a legacy-while unlocking its full potential for the future. Please do not approach or engage with current residents. Please note that listing broker is a Co-Trustee and co-beneficiary of the trust that owns property.
11,258 Sq Ft
0.418 Private Acres Lot Size
commercial
US$35,685 Annual Tax
Built in 1927
MLS/Listing ID 1918064
MAGNOLIA ARMS APARTMENTS
2 Stories
12 Units
Built-Up
Flat
Construction - Stucco
Heating - Window Unit
TOTAL MONTHLY COST
US$0
US$0
US$0