1166 Elgin St

Fantastic opportunity to own a large 5 unit building featuring 5 large Townhome Style Units! All units are same floor plan or reversed and all feature 3 bedrooms and 2.5 bathrooms. Each unit is approximately 1,492 square feet. Tenants pay Water, Electric and Gas. Annual gross rents are currently $180,000 and could be much more with a rent increase, which is due. The rents were last raised in October of 2017. This building is only 12 years old and is exempt from the new statewide rent control law (AB 1482) until the year 2023. Possible Condo Conversion??? Please check with the appropriate government agencies.