About this property

Excellent investment opportunity to own a well-located 6-unit multifamily property on California Avenue, situated just minutes from the Junction. Known as The Lori Dee, this classic two-story building features highly desirable, spacious layouts where each unit boasts its own private deck or patio surrounded by beautifully maintained landscaping. The property has been extensively modernized with major capital expenditures already completed, including a new roof, updated electrical panels, comprehensive PEX plumbing, and a new sewer liner to the main line connection. With all kitchens and bathrooms updated over the last ten years and the entire property meticulously maintained, it offers an investor immediate turnaround value with minimal upcoming CapEx. Additionally, tenants benefit from the premium convenience of six off-street parking spaces accessible via a clean, paved alley and also storage units & in unit washer/dryers.