Why settle on $20,000/month in rental income on a high end rental home (from 1 tenant) when you can receive $57,000/month in rental income from a diversified 23 tenant, high end apartment? What a great way to retire and travel and hire a property manager to address tenant issues on a stabilized property. Rarely available 23 unit asset in highly desirable carlmont village. Iconic, one of a kind property w/ panoramic views. Coupon clipper, easy to manage w/ excellent tenants and stable cashflow. (14) large 1 br/1 ba units (+/ 644 to 736 sf) and (9) spacious 2 br/1 ba units (+/ 875 to 883 sf). All 23 units feature dishwashers, w/ potential to add in unit washer/dryers. Covered carport parking spaces, storage for tenants and top to bottom elevator access. Convert +/ 2,565 sf of enclosed carport w/ 9' ceilings to (5) 1 br/1 ba or studio adu's. 5 adu's: achieve $11,250/month (or $135,000/yr) in additional gross rental income. Over $500,000 cap. Ex. Invested: dual pane windows, roof, copper plumbing, 800 amp square d panel. Walk score: 80, with walkability to carlmont village. Quick access to freeways 280 and 101. In place cap rate: 4. 11% / pro forma cap rate: 5. 0%. In place grm: 15 / pro forma grm: 13. 3. Cap rate (w/ 5 adu's): 5. 97% / grm (w/ 5 adu's): 11. Cost/sf: $410/sf