The Gardens is a 14-unit apartment property that incl. thirteen, 1 bed/1 bath units and one, studio unit. Over $427k in capital improvements completed. All unit interiors substantially renovated, incl. granite/quartz countertops, shaker style kitchen cabinets, laminate flooring, updated bath vanities, tile shower/tub surrounds and new lighting throughout. Over $11,000 in additional income from utility reimbursement (RUBS). In place one-bedroom rents average $1,889/month. Short 13-minute walk to BART. Fantastic downtown location with a 98 Walk Score very close to Todos Santos Plaza. A turn-key asset with rents at, or near market. Perfect 1031 exchange property. Assumable fixed rate loan possible at 3.36% through 11/28.
0.3157 Private Acres Lot Size
apartment
$55,045 Annual Tax
Built in 1961
MLS/Listing ID 41115398
14 Units
Heating - Wall Furnace
Cooling - Wall/window unit(s)
Construction - Wood Siding
Gas Water Heater
TOTAL MONTHLY COST
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