400 W Lynwood Ave

Beautiful, 8-unit, fully occupied corner lot in the desirable neighborhood of Alta Vista. MF-33 zoning with parking! Properties like this don't come available very often. All units are 1 bedroom 1 bathroom with hardwood floors, central HVAC, updated kitchens and all units are in great shape. New Roof (May 2024), 7 out of the 8 HVAC units were replaced in 2022 and the other one is a few years old. Most rents range from $865-$910 so there is room for rent increases across the board. Tenants pay water and electricity, and owner only pays for garbage which the new owner could add into their next lease renewal. There is a coin operated separate laundry facility on site. This property always stays rented and is a fully turnkey investment, with value-add opportunity for anyone looking for a solid long-term investment.