Residential Income Details
863-865 N Alexandria Ave consists of three (3) units and four (4) parking spaces with two garages forstorage. With original French windows, wood floors, and tiling throughout this property has vintagecharm with modern comfort to appeal to renters. The plumbing has been replaced with copper and thesewage line has been re-piped. All three units are two-stories, and the two front units have balconiesoverlooking a secluded garden area. The sleepy street provides a lovely view overlooking charminghomes and out to the mountains. This building demands high rents for the area due to the appealinglayout of the units and quality renovation which provides modern cleanliness and amenities whileretaining the building's vintage touches. The property gets good rents but still has approximately 30%upside, making it a market 5.6 cap.
|Number of Units||3|
|Listing Brokerage||BRC Advisors|
|Listing Agent||Ryan Cinelli|
|Listing Agent BRE #||01340935|
|Parking||Garage - Two Door|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, January 5, 2018.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.
Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
Information from sources other than the Listing Agent may have been included in the MLS data.
Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.