Description

13 UNIT APPARTMENT with Excellent Investment Opportunity! This property features a well-maintained 13-unit apartment building with 12 units currently occupied, offering immediate and consistent cash flow. Twelve spacious units feature 2-bedroom, 1.5-bath layouts, each designed with back patios and a balcony off the bedroom, highly desirable amenities that support strong tenant demand and retention. One additional unit is a studio. The property includes a large grassy common area, a convenient on-site laundry facility, and ample on-site parking for residents. The front exterior has been recently painted with new siding and stained shingles, enhancing curb appeal. Several units have been updated, creating a clear added value. The property has an oversized expansive lot with room for many opportunities plus convenient freeway access, strong East Bay rental demand, and proven income performance. Investors can capitalize on monthly rental income potential of over $27,000 per month, rent optimization, and full stabilization to increase long-term returns. With a solid unit mix, strong occupancy, and upside potential, this property presents an attractive opportunity for investors seeking stable income today with growth potential tomorrow.