Colonial

BACK ON THE MARKET DUE TO BUYER'S FINANCING FELL THRU. VSHOWINGS TO BE SCHEDULED ONLY BETWEEN 10AM - 4PM. AGENT OR OWNER'S REP TO BE PRESENT AT SHOWINGS. Well maintained two-story freestanding 4-unit building offering a stable cash flow with long-term tenants. The building layout includes a pair of efficiency units and a rear one-bedroom apartment on the first floor, with a spacious newly remodeled 3-4 bedroom apartment upstairs. The floor plan is attached. The building is a corner site located across the street from the Barclay Shopping Center, the Beverly Hills Middle School, and a trolley stop 50' away, all conveniences to attract potential tenants. There is also a large rear fenced yard offering potential to create on-site parking &/or an expansion project. One of the efficiency units had previously been an office/retail space - it needs updating but the long-term tenant wants to stay. See the financials attached - this investment property offers additional upside potential but the mechanical systems, windows and roof are newer vintage. Separate electric, Payne gas furnace (2024), roof (4 years old). Second floor apt. has use of half of basement plus its own water heater (2024 - electric). Pre-qualified buyers only. Appointments for showings require 24-hour notice. For convenience of tenants - showings only held on Mondays, Wednesday & Friday. Building area is 3,455 sq. ft. plus basement. Newly installed sump pump in one side of basement.