$1,100,000
Strategically located in the rapidly growing and redeveloping South Bayan area, this exceptional 5-unit multifamily property presents a rare investment and development opportunity. Featuring approximately 3,000 square feet of vacant land at the rear with convenient alley access with utilities already stubbed to the site. The property offers tremendous potential for additional development, including the possibility to build several ADUs to maximize future income and value. This multifamily gem is truly a developer’s playground, offering multiple avenues for expansion, repositioning, and long-term appreciation. Whether you are looking to enhance cash flow, expand the unit count, or capitalize on the area’s ongoing growth, this property delivers significant upside potential. With strong rental income opportunities and a highly desirable location, this is an outstanding asset for investors, developers, or owner-users seeking long-term returns.
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Listed by Tony Pedroza with Century 21 Allstars (562) 863-2121
Property Type
Mixed Use
Status
Active
MLS Number
DW26101895
Year Built
1925
Lot Size
7,645 sq ft