*DO NOT DISTURB TENANTS*
This is an exceptional investment opportunity on an expansive 15,000 sq ft lot featuring five charming 2-bedroom, 1-bath bungalow-style units. Each unit has been tastefully remodeled, offering updated interiors that appeal to today’s tenants while maintaining the classic bungalow character. Improvements include modernized kitchens and baths, refreshed flooring, and updated finishes throughout. Each unit has it's own outdoor space, to BBQ, entertain or just enjoy the sunshine. The large lot allows for excellent spacing between units, creating a comfortable and private residential environment rarely found in multi-unit properties.
In addition to attached, private garages for each unit, the property also offers 4 off-street spaces along the driveway and public street parking. This amazing property sits directly across the street from the newly improved Arnold Cypress Park, providing tenants with immediate access to open green space, recreation, and neighborhood amenities.
With strong rental appeal, a highly desirable location, and multiple standalone bungalow units, this property presents an outstanding opportunity for investors seeking stable income with long-term upside potential. Zoned RM15, this sizable parcel also offers future development or expansion possibilities (buyer to verify with the city).
Ideally suited for investors looking to add a well-maintained, high-demand multi-unit property to their portfolio.
The income description goes here to explain
| List Price | $2,293,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 5 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 26243127 |
| MLS # | RS26053694 |
| Property ID | 322663776 |
| Lot Sqft | 15,000 |
| Zoning | RM15 |
| Total Units | 5 |
| Days on Market | 101 |
| Original List Price | $2,293,000 |
| Date Updated | May 28, 2026 |
| Date Created | March 01, 2026 |
Jennifer Ciaramitaro an agent of Fiv Realty Co. Lic #02208497
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 28, 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