FIRST TIME TO MARKET! Premium USD location, premium product, premium value add and upside potential! 5826 Lauretta is a 1993 construction, condo level quality property. The asset boasts large mostly 2BR 2BA floor plans, with a 3BR also included. The units feature fireplaces in most, balconies, and select units have… Read More great views. There is a considerable amount of upside in the rents, making this a great value add investment. A new roof placed in 2025 means a huge expense off the table for the buyer! The significant upside in the property can be found with the 7 single car garages, which can be converted into multiple ADUs, likely 3 at minimum. And the best thing is, there is an additional 6 off street parking spots at the property, meaning a buyer can add units and still retain significant parking. Contact listing agent for more info today! Read Less
Listing Snapshot
Days Online
37
Last Updated
Property Type
MixedUse
MLS Number
260016461SD
Additional Details
Building
1 building
Expenses
Operating: $53,332
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $157,860, Net Operating Income: $99,792
Taxes
Parcel Number: 4364121300
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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