Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or… Read More exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers Read Less
Property listed by Compass, Mark Schwartz 310-259-7556
Listing Snapshot
Days Online
6
Last Updated
Year Built
1955
MLS Number
260014598SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1955, 2 buildings, 1 storey, Levels: One
Community
Park Name: N/K
Cooling
None
Fence
Partial
Heating
FloorFurnace, NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $69,600, Net Operating Income: $64,800
Lot
SprinklerSystem
Pool
None
Roof
Composition
Taxes
Parcel Number: 2335931000, Zoning: R-2
Tenant Pays
Electricity, Gas, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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