House for sale

Overview

Incredible investment opportunity in a renovated 7-unit multi-family property in the vibrant Pilsen neighborhood. This solid masonry building features five spacious 2-bedroom + 1-bathroom apartments, a charming coach house with 3 bedrooms + 2 bathrooms, and an additional 1-bedroom + den unit. Originally rehabbed in 2014, the property has updated electrical, plumbing, bathrooms, and kitchens, with separate utilities for each unit. The coach house stands out with its soaring cathedral ceilings, central A/C, and in-unit washer/dryer, making it ideal for an owner-occupied residence. Amenities include a common laundry room with tenant storage lockers. This professionally managed property requires minimal upkeep, with no deferred maintenance issues. There is significant potential to increase rental income by converting the third-floor unit into a duplex and utilizing existing refrigerant lines for future central A/C installation in six units. The location is great for investment, just blocks away from renowned restaurants, bars, grocery stores, and the California Pink Line L stop. Convenient access to highways and downtown adds to its appeal. Don't miss out on this unique investment opportunity in a rapidly appreciating neighborhood.