Property Detail

Description

Upgraded units and the property to be delivered 100% vacant. ACRE is pleased to present the Brighton Avenue Apartments, located just a block and a half from the beach. The property includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and four detached garages. The 6,904-square-foot lot offers 2,332 square feet of rentable space and is zoned R-4. All units have been or are currently being updated, with completion scheduled prior to close of escrow. Upgrades include new flooring, updated kitchens and baths, and newer appliances, allowing for immediate lease-up at market rents without tenant displacement. The property may be delivered 100% vacant, providing flexibility for long-term rentals, short-term rentals (subject to regulations), or a value-add strategy. Detached garages offer additional upside through potential ADU conversion.