$500,000 price reduction! Rare 12-bedroom co-living investment in Lake Merritt/Grand Lake offering strong current cash flow and excellent rental upside. The front house offers 11 bedrooms, 4.5 bathrooms and in the rear is a 1-bedroom, 1-bathroom ADU. The property was built in 1914, offers a total of 4,515 square feet, and sits on a 6,545 square foot lot with ample driveway space and a spacious rear yard. All the bedrooms are rented individually to maximize the current income and the tenants share the main living areas which are spacious and beautifully furnished. The entire property has been fully remodeled with new electrical and plumbing systems, new HVAC systems, solar, gourmet kitchen with granite counter tops, custom tile, custom lighting, hardwood floors, double pane windows, and more. Currently, the entire building is vacant, including the back ADU, creating a perfect opportunity for an owner-occupant or investor seeking high market rent. *** EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.