Property listed by Kidder Mathews of California, Inc., Casey Lins 858-369-3010
$529,000
MOTIVATED SELLER! PRICE REDUCED! We are pleased to present 11012 Willowbrook Ave, which features two detached, single-story homes on one lot, where tenants cover ALL utilities, including water, trash, gas, and electricity! Conveniently located just north of the 105 Freeway, the property offers easy access to major thoroughfares and surrounding… Read More neighborhoods. This income-generating property offers a total of 1,714 rentable square feet on a 5,131 SF LAR2-zoned lot with newer electrical throughout. Built in 1947, both homes are tucked behind a private driveway with parking for up to 6 vehicles. The unit mix includes one 2-bedroom home and one 1-bedroom home, making it ideal for various tenant profiles. Priced competitively at $529,000, this property presents strong upside potential in rental income. It's perfect for an owner-user who wants to live in one unit while renting the other to offset mortgage costs, or for investors seeking steady cash flow and long-term appreciation. Both units will be delivered tenant-occupied at the close of escrow, offering immediate rental income from day one. Contact the listing broker for additional information. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
2
Square Ft.
1,714
Lot Size
0.12 Acres
Year Built
1947
MLS Number
26633701
Additional Details
Building
Built in 1947, Living area: 1714.0, 2 buildings, 1 storey, Levels: One, Entry level: 1
Community
Gated
Cooling
None
Heating
WallFurnace
Income
Gross Income: $34,844, Net Operating Income: $23,732
Lot
0.1178 acres
Parking
6 open parking spaces, 6 total parking spaces, Driveway
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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