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121 Laurel St
For Sale $350,000 ($186.57 per Sq Ft)
$350,000 ($186.57 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 1,876 Sq Ft
- 2,178 Sq Ft
Description
Exceptional mixed-use investment opportunity offering immediate income with additional upside potential. This well-maintained three-unit commercial property features a street-level commercial space, currently occupied by a single-chair salon, along with two residential apartments and two detached garages.
The residential units include a spacious one-bedroom apartment currently leased for $900 per month and a vacant two- to three-bedroom apartment that was previously rented for $1,500 per month, providing an excellent opportunity for an owner-occupant or the ability to increase cash flow immediately. The commercial salon space is leased for $575 per month, creating a diversified income stream.
The property has seen several important updates, including nearly all replacement windows and a Lead Safe Certification obtained through the city last year, offering added value and peace of mind. Both residential units include existing washer and dryer hookups that can easily be exposed again, providing a desirable amenity for future tenants.
The owner currently pays water, sewer, trash, and common area electric. With two garages providing additional storage or rental potential, stable existing tenants, and a vacant unit ready for occupancy or lease, this property presents an excellent opportunity for investors seeking both current income and future growth.
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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 | $350,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,876 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3381833400000 |
| MLS # | PALA2090842 |
| Property ID | 322981880 |
| Lot Sqft | 2,178 |
| Zoning | R3 |
| Total Units | 3 |
| Days on Market | 10 |
| Original List Price | Unknown |
| Applicances | Oven/Range - Gas,Refrigerator% |
| Date Updated | July 07, 2026 |
| Date Created | July 01, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $35,700 | $0 |
| Net Income (Yr) | $ 25,908 |
Listing Provided By
Matthew Joseph Koch an agent of Keller Williams Elite. Lic #RS339842
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Data last updated: July 11, 2026.
Robert Crawford
REAL ESTATE AGENT