Two detached single story bungalows on one lot, front unit delivered VACANT at close of escrow. Tenants pay ALL UTILITIES including water, trash, gas, and electricity. This income producing property offers approximately 2,156 square feet of living space across two spacious two bedroom one bath units each with its own… Read More charm. The front unit at 1,055 square feet has been completely remodeled inside and out with modern finishes, fresh paint, and a clean move in ready feel. This makes it ideal for an owner user who wants to live in one unit while earning rental income from the other. The rear unit at 1,101 square feet is tenant occupied at $859 per month providing immediate stable cash flow. Built in 1947, both homes sit on approximately a 6,200 square foot lot with private drive access and parking for 10 or more cars. With the benefit of ZERO landlord utility expenses and the upside of remodeling already completed in the front unit, this property is a strong option for both investors and owner occupants Read Less
Property listed by Lyon Stahl Investment Real Est, Boris Almengor [email protected]
Listing Snapshot
Days Online
34
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1947
MLS Number
PW25227999
30 Days Snapshot Of 90059
$543k
-12%
(avg) sold price
6
-53%
homes sold
119
+29%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1947, Building area total: 2,156, Levels: One, 1 story, 2 buildings, Common walls: NoCommonWalls
Community
Curbs, StormDrains, Sidewalks
Cooling
None
Accessibility Features
Accessibility features: None
Expenses
Insurance expense: $2,000, New taxes expense: $8,737, Operating expense: $10,375
Fireplaces
LivingRoom
Heating
Radiant
Income
Gross income: $44,952, Net operating income: $32,329
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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