$1,225,000

Wabash Terrace is a true pride of ownership property consisting of a 2-building triplex with pitched composition shingle roofs. The 637/639 building has a raised foundation while the 641 unit is situated above the garages. Built in 1958, the property was completely renovated in 2018/2019 and features a unit mix of two 1-bed/1-bath units and one 2-bed/1-bath unit. There are 4 parking spaces, including 3 one-car garages and 1 open space. The property is individually metered for gas, electric, and hot water (the owner pays water, sewer, trash, and landscaping expenses). Laundry facilities are provided in each unit with its own washer/dryer. Plumbing was replaced with PEX and copper from the meter to fittings and much of the sewer/drain piping was updated. Each unit has a patio or outdoor sitting area. The seller made the following upgrades in 2018/2019: new concrete driveway, walkways, patios, new vinyl windows, new patio fencing, new paint, new garage doors & openers and new landscaping, sub-panels, main panels and wiring were replaced, all 3 units were fully gutted and renovated and all units were equipped with central A/C and heat, original hardwood floors refinished, all new fixtures and lighting, new electrical, HVAC units, insulation, cabinets, quartz countertops, appliances including washer/dryers, microwaves, dishwashers and window coverings. In 2023, both roofs were replaced with new composition shingles and in 2025, new fencing was installed along the north side of the property from the back corner of unit #639 to the rear property line. Wabash Terrace is under statewide rent control (AB 1482) but is not subject to city rent control.