$85,452 income per year/ $7121 per month fully occupied (Pro form is $3986 for the 3 bedroom)!!! Live in the VACANT 3 bedroom 2 bath unit or rent both out and enjoy a positive cash flow from day one on FULLY REMODELED units and a great high end paying great… Read More SECTION 8 TENANTS!!!! 3/2 bedroom is VACANT while the 2 bedroom 1 bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase! The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR). Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves, So SUBMIT YOUR OFFER TODAY and make this your dream home! Read Less
Property listed by Mazdak Sarehkhani, Mazdak Sarehkhani 818-601-8215
Listing Snapshot
Days Online
8
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
1908
MLS Number
SR25241079
30 Days Snapshot Of 90011
$611k
+27%
(avg) sold price
4
+100%
homes sold
106
+37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1908, Building area total: 2,085, Levels: One, 1 story, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Rural, Sidewalks
Cooling
CentralAir
Expenses
Insurance expense: $1,800, Operating expense: $5,400, Water sewer expense: $3,600, Other expense: $5,617
Heating
Central
Income
Gross income: $85,452, Net operating income: $80,052
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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