Property listed by RE/MAX One, Chase Simonton 818-366-3300
$1,075,000
Seller Financing Available: $716,000 at 5.5% Interest-Only, Fixed for 9 Years. No assumption fee or prepayment penalty, providing are and flexible financing structure for investors. The property consists of (2) 2 Bed / 1 Bath and (3) 1 Bed / 1 Bath units. Each unit is individually metered for gas… Read More and electricity and features washer/dryer hookups, copper plumbing, and individual water heaters. Kitchens and bathrooms are finished with tile flooring and showers, while the two upstairs units enjoy a harbor-facing balcony and a carpeted entry staircase.Three garages are located at the rear of the property (3x rented at $175 each), providing additional income potential or the option for ADU conversion. Well maintained and located in a residential neighborhood, the property offers strong cash flow with long-term upside supported by below-market operating expenses. Read Less
Listing Snapshot
Days Online
30
Last Updated
Property Type
Other
Beds
4
Square Ft.
3,559
Lot Size
0.12 Acres
Year Built
1922
MLS Number
25589019
30 Days Snapshot Of 90731
$888k
+4%
(avg) sold price
23
-4%
homes sold
75
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 3,559, Levels: Two, Living area: 3559, 2 stories, 1 building
Cooling
None
Heating
None
Income
Gross income: $90,552, Net operating income: $56,980
Lot
0.1151 acres, 5,014 square feet, Size: 5,014
Parking
3 totals parking, None
Property
Zoning: LARD1.5
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
