SELLER MOTIVATED! This fully renovated single-family home presents an exceptional investment opportunity, ideal for both primary residency and income generation. Designed to optimize rental income and build equity, this property features 5 bedrooms and 4 bathrooms within 2,155 sqft of living space. Its flexible layout allows for separation into one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath studios, each with its own kitchenette, split A/C unit, and private entrance. With a rental potential of $5,800 per month, this property offers an impressive 9% cap rate and a 12.33% cash-on-cash return with a 20% down payment. Conveniently located near US 19 and close to schools, shopping, and dining, it’s a valuable addition to any investment portfolio. New roof installed in 2023. Buyer to verify dimensions. Contact the listing agent for additional details.
The income description goes here to explain
| List Price | $569,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,155 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1973 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 022915091260000300 |
| MLS # | TB8311387 |
| Property ID | 318796633 |
| Lot Sqft | 8,925 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 423 |
| Original List Price | $599,000 |
| Date Updated | November 12, 2024 |
| Date Created | October 22, 2024 |
Jessica Jimenez an agent of . Lic #3162464
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 12, 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.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT