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3020-3025 35th Avenue is a turnkey, exceptionally well maintained, multi-family property located just below the Laurel District in the vibrant Allendale neighborhood. This investment opportunity offers significant rental upside potential and value enhancement opportunities, making it ideal for both seasoned investors and newcomers. Constructed in 1961, this two-story, wood-framed building features a durable stucco exterior and is situated on a generous 14,600 square foot lot, offering a total of 17,016 rentable square feet. The property comprises 18 units, thoughtfully designed to accommodate various tenant needs, along with carport parking for tenant convenience. Unit Mix: o 2 one-bedroom, one-bathroom units (NC) o 15 two-bedroom, one-bathroom units o 1 three-bedroom, one-bathroom unit (NC) The property has seen several significant upgrades, ensuring low future repair and maintenance costs. Updates include a new roof and exterior paint (2018), seismic retrofit (2020), 4 fully renovated units and 6 partially renovated units, new windows (2022) and work has begun on balcony and raised walks to ensure compliance with current safety regulations. In addition, this property features a manager's office & storage space (for the owner only), as well as onsite laundry facilities.
Property Type(s):
Residential Income
| Last Updated | 3/15/2025 | Year Built | 1961 |
|---|---|---|---|
| County | Alameda |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| LOT | 0.34 acre(s) |
Location
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Listed with KELLER WILLIAMS TRI VALLEY REALTY
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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