New gross rental income increase. Character craftsman three blocks to beach. Four legal units, two separate buildings. 1 bedroom upper unit delivered vacant. Front units are side by side singles with separate kitchens, h/wood flrs, walk-in closets and 40s style tile bathrooms. Back units are two upper/ lower 1 bedrooms. Great for owner/user. Feature grassy common area between buildings and extemely cool neighbors. Upside potential on rents. $110,000 gross income reflects 5% allowable increase February 2024 and market rental value of 1 bedroom owner unit delivered vacant. Please do not disturb tenants.
