This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
General Information
NWM2405506
Multi Family
2
DOM
4800.31 SqFt
3888
1956
King
Frantz Coe Elem
Mc Clure Mid
Lincoln High
Residential Incom
Multi Family
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
Krishna Realty data last checked: Jul 13, 2025 01:18 | Listing last modified Jul 11, 2025 19:07,
Source:
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Residence Information
3888
Flat
54 - 4-Plex
1956
Poured Concrete
Coin Op Laundry
Features and Utilities
Wood Products
Sewer Connected
0
Financial
10343
Cash Out, Conventional
07-11-2025
Comparable Information
2
2
Cash Out, Conventional
$1,345,000
$1,345,000
Jul 11, 2025 19:07
Schools
Elementary : Frantz Coe ElemN/ARatings Middle : Mc Clure Mid N/ARatings High : Lincoln HighN/ARatings
Map
Listing courtesy of Lee & Associates Commercial RE.
This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.
