Buy this for the bread and butter, monetize the upside for the beef. Check out the rents compared to market rents; it looks like 36% upside may be a good estimate. Seller may carry a first trust deed note at market rates, approximately 50% LTV. Lots of open space for ADU's on this 1/2 Acre lot. Per SB 1211, build up to 8 ADU's, subject to State laws, local ordinances, and City of Bell entitlement and permitting requirements. Be sure to vet and validate potential for rent increase and development for your client.
155 days
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944
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24
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Zillow last checked:
Listing updated:
Listed by:
Carlos A.G. GonzalezDRE # 00976287310-848-4865,
DealTrade Inc.888-999-8089
Source: CLAW,MLS#: 26651133
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 11
Heating
Combination
Cooling
Other
Features
Built-Ins
Interior area
Total structure area: 5,977
Total interior livable area: 5,977 sqft
Property
Parking
Parking features: Detached Carport, Driveway, On Street
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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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