PRIME INVESTMENT AND DEVELOPMENT OPPORTUNITY IN COALINGA!!
This unique property features two existing homes on approximately 1.2 acres, with the land already surveyed and in the first phase of subdivision for potential development of up to 16 units (buyer to verify with City). A rare opportunity offering immediate rental income with… Read More significant future development potential.
The property currently includes two separate homes.
Unit 1: Approximately 800 sq ft, 1 bedroom, 1 bathroom, remodeled, wall heater, and swamp cooler. Month to month.
Unit 2: Approximately 1000 sq ft., 2-bedroom, 1-bathroom is currently being remodeled with new title, updated kitchen, new cabinetry, quartz countertops, and vinyl flooring. Wall heater and swamp cooler. Read Less
Property listed by Realty Executives Of Northern California, Genine Helen Esparza 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Lot Size
1.29 Acres
Year Built
1951
MLS Number
MC26057025
Additional Details
Property Access
Frontage Type: CountryRoad, Road Surface: Paved
Appliances & Equipment
GasRange
Building
Built in 1951, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1, Construction Materials: WoodSiding
Community
StreetLights
Cooling
EvaporativeCooling
Accessibility Features
None
Expenses
Insurance: $3,000, Operating: $3,000
Fence
ChainLink, Wood
Fireplaces
None
Floors
Tile, Vinyl
Foundation
Raised
Garage
1 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $21,600, Net Operating Income: $18,600
Interior Features
AllBedroomsDown, BedroomOnMainLevel
Laundry
InGarage
Lot
1.2859 acres, ZeroToOneUnitAcre
Parking
4 open parking spaces, 5 total parking spaces, None
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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