This is the high cash flow turn key multi-family you have been looking for! Every one of these units have been beautifully remodeled and all have their own private laundry! The rear building has had extensive updates and consist of 4 units offering refinished hardwood floors in some units while… Read More others have new water resistant laminate. Other upgrade includes new bathrooms, upgraded plumbing, lovely updated vintage kitchens loads of storage, mud rooms with rear exits and each with their own private laundry hook ups, new light fixtures, stainless appliances installed and much more! All located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that is absolutely incredible!! Offering soaring coved ceilings, stunning formal dining room with grand bay window and original huge with pocket doors! The gigantic formal living/family room has to bee seen with faux fireplace with all original built in book shelves. There is even a grand formal entry, gorgeous kitchen that is stunning to say the least with solid surface counter tops, amazing light fixtures offering many new upgrades but some original built-in cabinets remain. There are 2 bedrooms one leading out to a really cool private side patio exclusive to the unit and the other bedroom is on the second floor with an enormous walk in closet with access to an huge attic space and 1.5 baths total! The main floor bathroom is enormous and has been fully remodeled. The duplex has a new roof installed and the rear 4 unit has had white coating with a 5 year warranty for added heat prevention. There is a 1 stall detached garage currently used as storage that has the preliminary approval for an ADU conversion, and the finished plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular property could allow you to possibly add MANY more units in the future! (Buyer to verify independently) Truly the possibilities are endless or keep it as it is making great cash flow! All units are separately metered for gas and electric. (All photos were taken after remodel and before tenants moved in, condition may vary) Read Less
Property listed by The Mohler Real Estate Group, Shawn Mohler 562-505-7953
Listing Snapshot
Days Online
205
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1905
MLS Number
PW24110123
30 Days Snapshot Of 90813
$540k
-10%
(avg) sold price
1
-85%
home sold
54
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1905, Building area total: 4,693, Levels: One, 1 story, 2 buildings, Common walls: NoCommonWalls
Community
Curbs, StormDrains, StreetLights, Sidewalks
Cooling
None
Expenses
Electric expense: $200, Insurance expense: $2,000, Operating expense: $5,000, Trash expense: $500, Water sewer expense: $200
Fireplaces
None
Garage
1 space
Heating
FloorFurnace, WallFurnace
Income
Gross income: $15,440, Net operating income: $151,300
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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