4558 40th St, Normal Heights, CA 92116

$1,660,000
7
BD
Sold Price
$1,660,000
List Price
$1,725,000
Closing Date
Oct 10, 2018
Days on Market
61
Status
SOLD
MLS#
180039592
Bedrooms
7
Lot Size(apprx.)
5,485
Property Type
Multifamily

Property Description

Appox. $125,000 spent in improvements! Under market rents. All units MTM. 4558 40th Street, offers 7 well maintained units in desirable Normal Heights. Consisting of a solid unit mix of (1) 2 bedroom, 1 ½ bath, (2) 2 bedroom 1 bath, and (4) 1 bedroom 1 bath units. Four units have been completely remodeled with new cabinetry, new countertops, new fixtures, new flooring and new appliances. Many on-site improvements have been made to the exterior of the property including a new roof, many new vinyl windows, and xeriscape landscaping. All tenants are afforded their own parking space with 4 off-street spaces in the front of the property as well as 3 tuck under spaces in the rear. With no properties sharing the opposite side of the street, many free spaces are available providing ample parking for the tenants and their guests. Link to drone video: https://vimeo.com/realestateshowcase/2572broadway-mls

Additional Information

Construction
Stucco
Financing
Cash
Hoa
Yes
Home Owner Fees
$1
Lot Size
5,485
Style
Com-Res Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Apartment Consultants, Inc.

Selling Office: South Coast Commercial, Inc..

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