2311 4th Avenue, Downtown, CA 92101

$5,195,000
1
BD
List Price
$5,195,000
Price Change
▼ $155,000 1519344154
Days on Market
37
Status
ACTIVE
MLS#
180004034
Bedrooms
1
Lot Size(Range)
.25 Acres or less
Lot Size(apprx.)
5,105
Property Type
Multifamily

Property Description

ACRE Investment Real Estate Services is proud to present La Vana Apartments in Banker's Hill, a charming 1929 built (21) unit apartment complex located just 2 blocks South of Laurel St and 2 blocks West of Balboa Park. La Vana residents love the walk ability (walk score of 91), downtown & bay views, convenient building amenities, card reader security access, tall ceilings, vintage hardwood floors, large closets / powder rooms, storage lockers, and the comfort of larger than average urban units. The unit mix is comprised of 18 -spacious Studios and 3- 1 Bed/1 Bath units, all of which boast hardwood floors, 20's design archways, high ceilings, large kitchens, walk in closets, powder rooms, individual hot water heaters, & convenient storage lockers located in the basement. Current ownership has remodeled 6 of the Studios which includes new kitchens and finishes, and ordinarily now demand higher rents. The remaining 15 units have the same upside potential.

Additional Information

Annual Expense Actual
1929
Construction
Stucco
Gross Scheduled Income Actual
21
Laundry
Owned
Lot Size
5,105
Lot Size Range
.25 Acres or less
Roof
Tar & Gravel
Stories
3 Story
Style
Com-Res Income

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Acre Investment Real Estate