Multi-Family Space For Lease @ 14258 Vanowen St

Casa Vanowen Apartments were built in 1965, is a two story walk-up with parking, carports and laundry located in the rear of the building. This is the first time since 1969 that this property has been on the market and offers an investor the opportunity to reposition the asset thereby increasing the value significantly. Rents are considerably below market, this offers a long term benefit with significant cash flow increases as rents are adjusted upwards. The earthquake retrofit has been completed, rents have been adjusted with the tenants portion included in the income. Seller is currently awaiting approval for this legal increase. This space offers accomodations for: highrise.