$175,000

UNIQUE HISTORIC INVESTMENT OPPORTUNITY! 5,025± SF multi unit building constructed in the 1920s featuring 16 garage/storage units + apartment—8 garages & 8 storage units. PRICED AT ONLY $35 PER SQ FT!! The property has a fascinating history and has been utilized over the years for storage, garages and even artist studios. Many of the units are currently rented to owners of the neighboring historic Casa Caprona Condominium. HANDS-ON/HANDY PERSON SPECIAL! Property is being sold strictly AS IS, with Buyer accepting the property in its present condition & all faults, defects and condition issues. LISTING AGENT MUST ACCOMPANY ALL SHOWINGS, PROSPECTIVE BUYERS AND/OR THEIR AGENTS ARE NOT PERMITTED TO VIEW THE PROPERTY WITHOUT LISTING AGENT OR YOU ARE TRESPASSING! SEE SUPPLEMENT - MORE INFO Zoning is RS-4 Residential and the property is NOT being offered subject to rezoning. Apartment needs complete renovation. CASH CONTRACTS ONLY. PROOF OF FUNDS REQUIRED WITH ALL OFFERS. See recent boundary survey in the Documents section for additional property information. Buyer to independently verify all zoning, dimensions, uses, rental information, utilities and other property details. A shared well for irrigation water to the neighboring Casa Caprona Condominium. Currently generating $1,400 to $1,500/month see rent roll in documents tab. Apartment is vacant. Owner uses several units. Huge upside for increased rents after substantial renovations. LISTING AGENT MUST ACCOMPANY ALL SHOWINGS, PROSPECTIVE BUYERS AND/OR THEIR AGENTS ARE NOT PERMITTED TO VIEW THE PROPERTY WITH LISTING AGENT OR YOU WILL BE CONSIDERED TRESPASSING. The pavement in front of the garages is neither public right of way nor owned by the seller. Casa Caprona HOA owns that paved area access to the north-facing garage doors, and has not granted any access easement to the owner of the listed parcel. Therefore, even when driving through to look at the garages, interested buyers are legally trespassing. The only legal access to the listed parcel is through Harson Way and Jefferson Pkwy only. Once they turn in toward the garages on the pavement, they are on Casa Caprona HOA property. While Casa Caprona residents have legal access to the north-facing garages, they cannot be legally rented to others, because there is no legal access. Thus the garages on the North side are only rented to Casa Caprona residents. There is no access to the north-facing garages...only to Casa Caprona residents.