About 433 Sonoma Avenue
100 Lewased-Originally constructed in 1963, the property has undergone numerous structural and cosmetic upgrades, making it an attractive, low‑maintenance asset with above‑market cash flow. The community consists of a two‑story residential building with seventeen 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath units, complemented by a detached single‑story structure housing the laundry room, management storage, and mechanical systems. Situated on a prominent corner lot, the site enjoys excellent natural light, strong visibility, and efficient circulation. Each unit features vinyl double‑pane windows, and sixteen units have been improved with refurbished original wood cabinetry, vinyl plank flooring, low‑flow plumbing fixtures, and newer appliances. The property has been meticulously maintained, allowing a new owner to operate with minimal near‑term capital needs. Recent improvements include new carport roofs, an excellent‑condition roof on the main residential building, and upgraded steel staircases and walkway railings built to current code. The grounds feature drought‑tolerant landscaping on automated irrigation, and a recently installed security fence and parking gate enhance resident comfort and peace of mind. Interiors are clean and functional, offering a clear opportunity for modest luxury upgrades that may support higher rents and long‑term value creation.
