Property Description

The Gardens is a 14-unit apartment property that incl. thirteen, 1 bed/1 bath units and one, studio unit. Over $427k in capital improvements completed. All unit interiors substantially renovated, incl. granite/quartz countertops, shaker style kitchen cabinets, laminate flooring, updated bath vanities, tile shower/tub surrounds and new lighting throughout. Over $11,000 in additional income from utility reimbursement (RUBS). In place one-bedroom rents average $1,889/month. Short 13-minute walk to BART. Fantastic downtown location with a 98 Walk Score very close to Todos Santos Plaza. A turn-key asset with rents at, or near market. Perfect 1031 exchange property.

ESSENTIAL INFO

• Status: Active