Fourplex and SFR being sold together. (5 units total) The fourplex property at 858 21st Street ($1,895,000) consists of all studio/1 bath units totaling 1,294 square feet. Additionally, the same Seller is selling 2021 Idaho Avenue ($1,295,000) is a single family residence with 2 bedrooms/1 bath with 858 square feet. The properties are located one block south of Montana Avenue, a high-end commercial district with more than 150 restaurants and retailers.
The single-family residence is a charming cottage-style home built in 1922, while the fourplex was constructed in 1938. The single-family residence and three of the four units in the fourplex will be delivered vacant at the close of escrow. The properties also have the ability to be redeveloped. If combined the R-2 zoning allows for the potential of a spectacular four unit property development (to be independently verified with the City). The total combined lot size is 7,986 square feet. A newer townhouse next door recently sold for $2,215,000.
The properties must sold together. Listed by Warren Berzack, Lee & Associates.