Exceptional investment opportunity featuring five residential units on one parcel, with four units currently occupied and one fully renovated unit vacant and ready for immediate occupancy or lease-up. Ownership has invested approximately $200,000 in capital improvements over the past six years, significantly enhancing the property's condition and long-term value. Major upgrades include a newer roof on the main building (approx. one year old), extensive stucco repairs, newer copper plumbing, four newer water heaters, and mostly newer dual-pane windows throughout. Units have been updated over time with remodeled interiors and wall, ceiling, and sheetrock improvements. Two garages will be delivered vacant at close of escrow, offering flexibility for owner use, tenant amenities, or additional income potential. A well-maintained asset with stable income, upside potential, and significant recent improvements.
49 days
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252
|
10
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Zillow last checked:
Listing updated:
Listed by:
Blaire Jahn02093733415-876-8769,
Coldwell Banker Realty408-355-1500,
Joe Velasco01309200650-833-8498,
Coldwell Banker Realty
Source: MLSListings Inc,MLS#: ML82051140
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Heating
Wall Furnace
Cooling
None
Features
Doors: None
Interior area
Total structure area: 4,303
Total interior livable area: 4,303 sqft
Property
Parking
Total spaces: 3
Parking features: Detached, On Street
Garage spaces: 3
Has carport: Yes
Accessibility
Accessibility features: None
Features
Stories: 2
Lot
Size: 10,189 Square Feet
Details
Parcel number: 0352381025
Zoning: Multi-Res
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Residential Income
Materials
Foundation: Slab
Roof: Composition
Condition
Year built: 1924
Utilities & green energy
Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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