3034-50 Canon Street is located just blocks from La Playa and Shelter Island. The 3 structures totaling 12,410 square feet built in 1947 are situated on a 10,108 square foot lot. There are seventeen spacious 1 Bedroom / 1 Bathroom units and one commercial unit. The units have all been remodeled with plank flooring, horizontal window coverings, and new ceiling fans which complement the tile countertops and existing built ins. There is assumable financing at 3.95% fixed until March of 2027 with Chase Bank with a current balance of approximately $2.4M. Solar Panels were recently installed as well as new windows and tankless hot water heaters. There are two laundry rooms with leased equipment. There are back and central patio areas with bike storage. The property is in a central location across the street from Cabrillo Elementary School and a few blocks from Liberty Station.