$3,950,000
275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.
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Listed by Farid Khayamian with Bluxen, Inc. (858) 535-0000
Property Type
Mixed Use
Status
Active
MLS Number
260007287SD
Year Built
N/A
Lot Size
0.53 acres