2442 Union St Unit 2N 2S, Downtown, CA 92101

Property Description

Dual APN condo investment/Prime value Add opportunity A stand out opportunity for the savvy investor or seasoned contractor. This 1800 square-foot residence currently encompasses two combined condominium units under a single ownership, each carrying its own APN setting the stage for a compelling value add project. The vision is straightforward: restore the property to its original two unit configuration, creating two separately, rentable condos with strong income potential. With the dual APN structure already in place, the groundwork for the strategy is built right into the deal. Adding to the appeal, each unit comes with its own assigned tandem underground gated garage parking-a highly desirable amenity that strengthens rental demand and long - term value in any market For the right buyer with the skills and foresight to execute, this is a rare chance to acquire a single asset with two exit strategies rent both units, sell them individually, or hold as a multi unit income property. Properties of this kind of built in upside, dont come along often. Low HOA no Mello Roos Dual APN condo investment/Prime value Add opportunity A stand out opportunity for the savvy investor or seasoned contractor. This 1800 square-foot residence currently encompasses two combined condominium units under a single ownership, each carrying its own APN setting the stage for a compelling value add project. The vision is straightforward: restore the property to its original two unit configuration, creating two separately, rentable condos with strong income potential. With the dual APN structure already in place, the groundwork for the strategy is built right into the deal. Adding to the appeal, each unit comes with its own assigned tandem underground gated garage parking-a highly desirable amenity that strengthens rental demand and long - term value in any market For the right buyer with the skills and foresight to execute, this is a rare chance to acquire a single asset with two exit strategies rent both units, sell them individually, or hold as a multi unit income property. Properties of this kind of built in upside, dont come along often. Low HOA no Mello Roos