Prime investment opportunity featuring two units on one lot with separate addresses and multiple income streams. The main residence at 405 E. Lodi Ave is a 3-bedroom, 1-bath home with an adorable front porch, currently tenant-occupiedan investor's dream with immediate cash flow. Positioned on a high-traffic street, the property also includes a billboard that conveys with the sale and is currently leased, adding an additional source of passive income. The second unit, 405 1/2 E. Lodi Ave, offers its own private entrance from the alley and functions as a 1-bedroom, 1-bath ADU/mother-in-law unitperfect for supplemental rental income or flexible living arrangements. With dual residential units, existing tenants, and billboard revenue, this property presents a rare opportunity for investors seeking strong income potential and long-term upside in a prime location.
106 days
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618
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24
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Zillow last checked:
Listing updated:
Listed by:
Lyndsi HernandezDRE #02130196209-712-4475,
HOMWRX
Source: MetroList Services of CA,MLS#: 226047743Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Rooms
Room types: Kitchen, Laundry
Dining room
Features: Space in Kitchen
Kitchen
Features: Laminate Counters
Heating
Wall Furnace, Wood Stove
Cooling
Ceiling Fan(s)
Appliances
Included: Microwave
Laundry: Laundry Room, Sink, Inside, Inside Room
Features
Flooring: Carpet, Concrete, Linoleum
Has fireplace: No
Interior area
Total structure area: 0
Total interior livable area: 1,000 sqft
Property
Parking
Total spaces: 1
Parking features: Alley Access
Uncovered spaces: 1
Features
Levels: One
Stories: 1
Fencing: Back Yard,Chain Link,Wood
Lot
Size: 5,523 Square Feet
Features: Shape Regular
Details
Additional structures: Guest House
Parcel number: 04313030
Zoning: Residential
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Multi Family, Single Family Residence
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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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