Property Detail

Description

Welcome to Villa Serenidad. A well maintained Spanish style complex with four 1br 1bth units and two 2br 1bath units. Each unit has its own parking space, and a storage closet in front of the parking space, on-site coin operated laundry. Three of the units have been tastefully updated with updated hard surface flooring, quartz countertops, shaker style cabinets, and recessed lighting. One unit has been partially remodeled. This property is ideally situated between University and Upas making it close to public transit, shopping, entertainment, Balboa Park and much more! Over $15K of electrical work completed in the last year. Value add opportunity with putting in mini split units and in unit washer and dryer in each unit and to remodel the remaining 1br and 2br unit that has original fixtures. The property is offered for sale at $2,275,000 with a 3.01% cap rate. No property showings will be permitted until an offer has been accepted. Effective square footage is unknown, and buyers are responsible for independently verifying the property’s square footage and all related details.