True value add investment property with 100%+ potential upside. Consists of six 2-bedroom 1 bathroom units and is located in the heart of the city of San Pablo. All units are individually metered for PG&E and feature, assigned parking stall, steel entry doors, dual pane vinyl windows, electric oven/range, refrigerator, gas wall furnace and tiled kitchen, dining area, bathroom and hallway with wall to wall carpeting in the bedrooms and living areas. Tenants also enjoy access to an on-site coin-operated laundry facility, generating additional income, which also houses the central water heater for the property. Current rents are on average $1,000+ per month under market, by increasing in-place rents to market value a new owner would increase revenue by $72,000+ annually.
Courtesy of NAI Northern California, ETHAN BERGER,
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