Pride of ownership but priced like a fixer. Discover a lucrative opportunity with these four single-family detached homes, ideally positioned on a spacious corner lot with room to add an additional home—perfect for future expansion and increased rental income. Each home offers a functional, modern design with an open-concept living area, a sleek kitchen, one bedroom, and a well-appointed bathroom featuring a tiled shower.
Occupancy Details: Units 2, 3, and 5 are tenant-occupied; Unit 4 is available for showings. There is no Unit 1. Please do not disturb tenants.
Investor Highlights: Professionally managed.
Turnkey Condition: Remodeled in 2022, minimizing immediate maintenance needs.
Income Flexibility: Maximize cash flow by renting all four homes, go owner-occupied utilizing a small down payment, or add additional units for added revenue.
Utility Arrangements: Tenants pay for electricity, trash, and sewer, owner covers water and gas (gas limited to hot water heaters only).
Scalable Investment: Tiny home community.
This property is an outstanding investment, offering solid rental income today and substantial growth potential for the future.
The income description goes here to explain
List Price | $933,000 |
Property Type | Single Family Homes |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 1953 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 147071015 |
MLS # | IV24175899 |
Property ID | 321049988 |
Lot Sqft | 10,019 |
Zoning | R1065 |
Total Units | 4 |
Days on Market | 11 |
Original List Price | $933,000 |
Applicances | Electric Oven,Electric Range% |
Date Updated | November 21, 2024 |
Date Created | November 13, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $6,225 | $0 |
Net Income (Yr) | $ 71,820 |
MISTY BRITTON an agent of . Lic #01311494
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 21, 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