734 HILL ST

Rare opportunity to own apartment building in the coveted Ocean Park location just moments from the beach. Four units total with three 1 bedrooms and one 2 bedroom unit. Five parking spaces (3 covered garages). Apt A has had recent upgrades (2019) including new wood floors throughout, re-enameled tub and new windows in the bathroom, and redone kitchen sink. Unit B's recent upgrades (2019) include wood floors done throughout, newly installed shower bathroom. EXTRA ROOM (Next to unit C, underneath stairs leading to Unit D) that has laundry (currently not used by tenants but may have POTENTIAL (to be verified by Buyers) for MORE INCOME by converting to community laundry). The gross annual income of $75,960. This is a building that has been much loved by the owners and tenants alike. The building has earthquake insurance.