This fully renovated single-family home offers an outstanding investment opportunity, whether you’re seeking a primary residence or an income-generating property. With a layout designed to maximize rental income and build equity, the main home features 3 bedrooms and 2 bathrooms, plus a garage conversion providing an additional 1-bedroom, 1-bath unit with a kitchenette. Additionally, there’s a detached accessory dwelling unit complete with a bedroom, bathroom, and kitchenette. With the potential to generate $5,000 per month in rental income, this property offers an impressive 8% cap rate and a 9% cash-on-cash return with 20% down. Solar panels are installed to help reduce utility costs, and the roof was replaced in 2021. For more details, please contact the listing agent.
The income description goes here to explain
List Price | $619,000 |
Property Type | Triplex (3-units) |
Usable Sqft | 1,901 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1968 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | U3628170DB00000400013.0 |
MLS # | TB8311152 |
Property ID | 315914244 |
Lot Sqft | 7,920 |
Zoning | RSC-9 |
Total Units | 3 |
Days on Market | 30 |
Original List Price | $619,000 |
Date Updated | November 10, 2024 |
Date Created | October 23, 2024 |
Jessica Jimenez an agent of .
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 10, 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