Prime Investment Opportunity: Two Income-Producing Homes on One Lot! This .70-acre property presents a unique chance to maximize your rental income with two fully remodeled homes. Whether you're looking to expand your real estate portfolio or start generating passive income, this property is a ready-made solution. At the front, there's a 1958 3-bedroom, 1-bath home, and at the back, a 1990 3-bedroom, 2-bath double-wide mobile home. Both units have been fully updated in the last year with new flooring, electrical, plumbing, windows, and roofs, making them turnkey rentals with no renovation costs required. Each home operates independently with its own septic system, while a shared well with a water softener system supplies water to both—meaning no water or sewer bills for your tenants or management headaches for you. Both units also come with their own storage sheds, adding to their tenant appeal. The property is fully fenced, offering privacy and security, and with R3 zoning, there’s the potential to add a third rental unit to further boost cash flow. Whether you're targeting long-term tenants or short-term rentals, this property offers immediate and long-term income-generating potential.
The income description goes here to explain
List Price | $375,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 2,132 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1958 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 252913359300020401 |
MLS # | P4932211 |
Property ID | 301354880 |
Lot Sqft | 30,501 |
Zoning | R-3 |
Total Units | 2 |
Days on Market | 82 |
Original List Price | $395,000 |
Applicances | Dishwasher, Microwave, Range, Refrigerator, Water Softener% |
Date Updated | November 20, 2024 |
Date Created | September 27, 2024 |
Harold Baker an agent of .
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 20, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT