Investment Highlights

Executive Summary

We are proud to present this “Pride of Ownership”, 8 Unit, Trophy Property! Located Just North of Down Town’s “East Village”, Just a short distance to the Ocean, Pine Ave, Belmont Shore, 4th streets retro-row, Coffee shops, Restaurants, Parks, Metro and much much more! 1025 Locust is a picturesque 1920’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, large open floor plans, with an abundance of natural light. Embodying a highly desirable unit blend; Four large 1 bedroom x 1 bathroom units along with Four large studios. The asset has been extremely well maintained and recent upgrades include: all new vinyl windows (installed throughout in 2021). Recently remodeled kitchens, Bathrooms, all new window fixtures, two tone paint, hardwood flooring and/or plank vinyl wood flooring, and all new window AC units, just to name a few. Additional Investor notables; The four exterior garages allow for ADU potential, room to add value, and no citywide rent control.