2104 Columbia

Market rents achievable within first 6 months due to new age of building and supportable rent comps, contact agent for lender info. 2104 Columbia St is a class A, 2015 built apartment complex located in the heart of Little Italy. The unit mix consists of five 1 bed/1 bath units and five 2 bed/2 bath units. Each unit has 1 assigned space each, available through secured underground parking. Ten On Columbia offers four floorplans in total. These range in square footage from 605 (118 sq ft balcony with daybed), 768 (82 sq ft balcony), 1062-1085 (285 sq ft deck) to 1288 (234 sq ft over 1 balcony and 1 deck). Rent control cap AB 1482 does not apply to the subject property, offering an investor a 4% cap rate within first 6 months.