704 Rand Ave

Historic property in the heart of Grand Lake/Lakeshore. Are you looking for an amazing location? This is it! Located just a few steps from Grand Ave, Grand Lake Theater, Grand Lake Farmers Market, Lake Merritt. This multi-family/single-family hybrid features a 4-bed main unit & a 2-bed legal in-law (totaling 6 beds & 3 full baths). The main unit can be used as 2 separate units, so 3 units total. Each of the 3 have separate entrances. Built in 1912, with approx 2584 total sf, per appraisal, on a 5500sf lot. Private driveway parking for 11 cars (possible additional income stream)! Hardwood floors throughout, tankless water with individual laundry hookups. Zoned for up to 7 units for future expansion. Main unit kitchen and one bathroom has been updated with new floors, new stainless appliances, counters, vanity, tub. Current 2 bedroom tenant pays $1753/month.