Rare opportunity to own an iconic multifamily property in the coveted Monte Vista Historic District. For the first time in over half a century, this distinguished apartment building is available for purchase - a truly rare offering in one of the city's most sought-after historic districts. Steeped in character and architectural charm, this property has long stood as a cornerstone of the neighborhood, admired for its timeless facade and enduring presence. With a strong rental history and loyal tenants, this 16-unit property offers immediate income stability and a solid opportunity to realize significant upside through strategic renovations and modern upgrades. Properties of this caliber and legacy rarely come to market. Don't miss this moment to make it yours. Please do not approach or engage with current residents. Listing broker is a Co-Trustee and co-beneficiary of the trust that owns this property.
16,068 Sq Ft
0.652 Private Acres Lot Size
Commercial
$51,006 Annual Tax
Built in 1945
MLS/Listing ID 1918061
MAGNOLIA TERRACE
2 Stories
16 Units
Tile
Heating - Window Unit
Construction - Stucco

TOTAL MONTHLY COST
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