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Beautiful Bernal Mixed Use Building

$1,895,000

about this home's

Features

beds

3

baths

3

Interior

3

Lot

3

3 units (occupied –$4500/mo–commercial space down; 3bd/2ba vacant up; 1bd/1ba vacant back cottage)

3146 sq ft (per tax records)

$138,000 projected gross annual income

  • 5.7% Projected Cap Rate
  • Highly desirable Cortland Corridor with substantial foot traffic and access to stores, restaurants and amenities
  • Building is in excellent condition with notable updates–including substantial foundation work, updated electrical, ADA compliance, solar
  • Low utility costs; Each unit has its own solar panels
  • Street level commercial condo fully built out with Air Conditioning and ADA compliance
  • Upper 3/2 bath residential unit that was previously leased as pilates studio and may be used as light commercial or residential* 
  • Upper unit has naturally open floor plan, period detailing, updated baths and terrific light
  • Separate cottage in back of lot is 2 levels with enormous walk in closet
  • Easy freeway access



*Buyer to investigate zoning and usage

Floor Plans

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