Courtesy of: Arto Poladian, Redfin Corporation, arto@redfin.com
Courtesy of: Arto Poladian, Redfin Corporation, arto@redfin.com
$1,348,900
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4 bed
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Lot: 7,550.00 Square Feet
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Apartment
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$1,348,900
1213 Mariposa Street INCREDIBLE PRICE FOR A REAL FIVE UNIT BUILDING. FIX AND SAVE. PRIME GLENDALE ADAMS HILL/ADAMS SQUARE MULTI UNIT FIXER OPPORTUNITY. HUGE UPSIDE POTENTIAL!! FIRST TIME ON THE MARKET IN 20+ YEARS. UNDER MARKET RENTS – TREMENDOUS POSSIBILITIES. ZONED GLR4YY. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house. One - 1 bedroom/1 bath unit. THREE separate studio units (one of them a stand-alone), plus a converted garage studio. One of the studio units is vacant and gutted, and ready to be renovated. NEWLY UPDATED 1 BED/1 BATH UNIT - JUST REDONE (SEE NEW PICS). Lots of room for improvement. THREE total structures on the lot. Please do not disturb tenants or go on property. Drive by only – subject to interior inspection. Front house built in 1912 - middle units built in the 1950's - stand alone unit built in 1960's. DO NOT MISS YOUR CHANCE!! Active rents at this time are approximately $5628 TOTAL and this does not include the gutted detached studio. CASH/HARD MONEY OR STRONG DOWNPAYMENT ONLY AS THIS IS WILL REQUIRE A COMMERCIAL LOAN BECAUSE IT IS 5 UNITS.
Courtesy of: Arto Poladian, Redfin Corporation, arto@redfin.com
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