5826 Lauretta St, Old Town, CA 92110
- $2,325,000
- 11
- BD
- 10
- BA
- 4,342
- SqFt
- List Price
- $2,325,000
- Days on Market
- 23
- Status
- ACTIVE
- MLS#
- 260016461
- Bedrooms
- 11
- Bathrooms
- 10
- Living Sq. Ft
- 4,342
- City
- Old Town
- Property Type
- Multifamily
Property Description
FIRST TIME TO MARKET! Premium USD location, premium product, premium value add and upside potential! 5826 Lauretta is a 1993 construction, condo level quality property. The asset boasts large mostly 2BR 2BA floor plans, with a 3BR also included. The units feature fireplaces in most, balconies, and select units have great views. There is a considerable amount of upside in the rents, making this a great value add investment. A new roof placed in 2025 means a huge expense off the table for the buyer! The significant upside in the property can be found with the 7 single car garages, which can be converted into multiple ADUs, likely 3 at minimum. And the best thing is, there is an additional 6 off street parking spots at the property, meaning a buyer can add units and still retain significant parking. Contact listing agent for more info today!
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Additional Information
- Living Area
- 4,342
- Stories
- 2
Mortgage Calculator
Listing courtesy of Listing Agent: Florian P Sighe (619-894-3030) from Listing Office: The Browar Group.
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