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$1,575,000 | 4 UNITS | INNER PARKSIDE

Available


420 Taraval Street

4

Units

4.2%

Cap Rate

13.7

GRM

9,174

Square Feet

Constructed in 1971, this four-unit building offers an exceptional investment opportunity. Upon entry, you are welcomed by a bright and well-maintained lobby with classic terrazzo flooring. The property consists of four spacious 2 bedroom, 1.5 bathroom units, each featuring an identical floor plan with expansive kitchen and living room combinations, high ceilings, and abundant natural light. The upper front unit enjoys Ocean views. 

 

The large garage provides independent parking for four cars, and a coin-operated laundry is located at the rear of the garage for tenant convenience. Tenants also enjoy access to a terraced backyard. 

 

Each unit is separately metered for gas and electricity and equipped with its own forced air furnace, helping keep landlord expenses low. The property has been professionally managed and meticulously maintained over the years. 

 

Ideally located near West Portal and Inner Parkside, the property offers tenants easy access to a wide variety of neighborhood amenities within walking distance. With approximately 80% upside in the current rents, this is a rare opportunity to acquire a well-maintained asset with substantial long term growth potential.

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Please contact Adam for a complimentary and confidential market evaluation of your property, or to consult on any real estate matter. Adam is happy to provide this service, regardless of your intent to sell.

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