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1449 S Park Ave
For Sale $1,199,999
$1,199,999
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 20,238 Sq Ft
Description
Rare opportunity triplex with a 5.3% Cap rate. Unit 1451 2 Bed 1 bath will be delivered vacant at closing (1109 sq ft), creating an excellent opportunity for an owner-occupant or investor to achieve current market rent. Large house in back is a 3-bedroom 2 bath (1137sqft) with a 2 car garage. The two front units share a 2 car garage and have a fenced front yard. Want more units? This site has about 10,000 sq ft site ready to build behind the 3 detached homes with its own gate in back accessed from the MUIR culdesac. (buyer to verify with city).
Approximately $80,000 in recent upgrades have been completed over the past few years, including granite kitchen countertops and newer cabinetry in two units, fresh exterior stucco paint, dual-pane windows throughout, and newer wood fencing. All units feature tile flooring, with two units also offering laminate flooring upgrades. Each unit has their own laundry hookup adding appeal and convenience to the tenants.
The remaining two tenants are long-term occupants with good rental history and timely payments. Unit 1451 configuration includes a den off the main bedroom, providing additional flexible living space ideal for an office, retreat, or nursery.
The property includes two separate driveways with parking for approximately five additional vehicles besides the 4 garage spaces, adding valuable flexibility for tenants and guests. Excellent income property with strong rental appeal and future development potential.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,199,999 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 4 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 8343007034 |
| MLS # | WS26106406 |
| Property ID | 291741071 |
| Lot Sqft | 20,238 |
| Zoning | POR2* |
| Total Units | 3 |
| Days on Market | 15 |
| Original List Price | $1,299,999 |
| Applicances | Disposal,Gas Oven,Gas Range,Refrigerator,Range Hood,Water Heater% |
| Date Updated | May 27, 2026 |
| Date Created | May 15, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $6,025 | $0 |
| Net Income (Yr) | $ 63,800 |
| Cap Rate | 5.3% |
Listing Provided By
SONJA TRONCOSO an agent of . Lic #01264481
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 27, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT