This is an excellent opportunity to own a versatile mixed-use income producing property situated on approximately 1 acre in the growing community of Terra Bella. This unique property features a combination of residential and commercial tenants, providing multiple streams of rental income and strong investment potential. Long-term tenants occupy the units and owner has never raised the rents for many years. Current rents are below the market, presenting potential upside for new owner seeking to increase cash flow through future rent adjustments. Tenants pay all utilities except water. Each unit has its own gas and electric meter. Rental units are: 3 bedrooms, 2 bathrooms currently rented for $1200/month, it has been upgraded and remodeled inside, Smoke Shop unit rented for $1000/month, Insurance office rented for $550/month, Trailer Home rented for $500/month, Beauty Salon rented for $300/month and Taco Truck Space rented for $200/month. Whether you're looking to expand your investment portfolio or acquire a property with both residential and commercial components, this mixed-use property offers a rare opportunity to generate immediate income while benefiting from long-term appreciate potential.
42 days
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222
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8
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Zillow last checked:
Listing updated:
Listed by:
Steven WongDRE #01223359562-387-6670,
WPG Realty & Lending Group
Source: CRMLS,MLS#: PW26124150Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Appliances
Laundry: Laundry Room
Features
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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