The New Multifamily Hotspot. The building has a stunning front exterior, new windows, with 5 beautifully upgraded units, 4 of which include in-unit washers and dryers. Buyer has the option of having the Seller complete the below work during escrow at a sales price of $4.199MM or close at a discount and do the work themselves. There are two vacant units that have been demoed and have permits for Buyer to upgrade immediately and lease. The parking requires tuck under parking retrofit which can be done at the same time as adding an additional dwelling unit (ADU) which is not included in the above cap rate. Two units are under eviction which can be completed prior to the close of escrow.