HI INVESTORS, you'll have positive cash flow from day one on FULLY REMODELED units and great high end paying section 8 tenants! 3/2 bedroom is rented out with sec 8 tenant paying $3896 per month (tenant only pays $290 and its a good, responsible, and a dream… Read More tenant) and 2/1 is also a new sec 8 with a payment of $3225. So a total of $7121 or $83,376 income per year!!! The property is located in a very attractive location and has a huge back yard room for a 2 story ADU to add extra future value! THIS WONT LAST, SO SUBMIT YOUR BEST OFFER TODAY! Read Less
Property listed by Mazdak Sarehkhani, Mazdak Sarehkhani 818-601-8215
Listing Snapshot
Days Online
119
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
1908
MLS Number
SR24135335
30 Days Snapshot Of 90011
$
+2%
(avg) sold price
6
-25%
homes sold
140
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1908, Building area total: 2,085, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Rural, Sidewalks
Expenses
Insurance expense: $3,000, Operating expense: $3,300, Water sewer expense: $300
Garage
2 spaces
Income
Gross income: $85,452, Net operating income: $82,152
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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