Description
Great stand-alone building with onsite 23 parking spaces. Property was built as a 4-suite office building. Each unit has its own SMUD meter and its own HVAC System. County will allow it to be converted into multi-residential/apartments. Per County Planning - a minimum of 22 units of 1-bedroom, 1-bath and a maximum of 33 units of 1-bedroom 1-bath apartments can be built here, if converted from Office to Multi-residential Use. Great upside potential here. Market rent for 1-bedroom 1-bath new or fully renovated apartments in the area is between $1,500 and $1,750 per month. If you are an investor or a builder/developer looking for a great deal, wait no more! Hurry, it will not last!!
-
0BEDS
-
1.09ACRES
-
0BATHS
-
01/2 BATHS
-
3,100SQFT
-
$256$/SQFT
School Ratings & Info
Description
Great stand-alone building with onsite 23 parking spaces. Property was built as a 4-suite office building. Each unit has its own SMUD meter and its own HVAC System. County will allow it to be converted into multi-residential/apartments. Per County Planning - a minimum of 22 units of 1-bedroom, 1-bath and a maximum of 33 units of 1-bedroom 1-bath apartments can be built here, if converted from Office to Multi-residential Use. Great upside potential here. Market rent for 1-bedroom 1-bath new or fully renovated apartments in the area is between $1,500 and $1,750 per month. If you are an investor or a builder/developer looking for a great deal, wait no more! Hurry, it will not last!!
© 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-05-28T23:38:44.327. MetroList® MLS Terms of Use. IDX provided by BoomTown.