$880,000 -
CA
Subdivision Name: Webster
Status:
Active
Property Type:
Single Family Residence
Year Built:
1950
Neighborhood:
Webster
Days on Website:
221
Courtesy of Quan Zou, Fathom Realty Group, Inc
Description
Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans, prefect for house hacking or additional cashflow. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. This won't last.
Open House
Property Details and Features
Appliances & Equipment
- Appliances: "Microwave", "Refrigerator", "Dryer", "Gas Water Heater", "Tankless Water Heater"
Bathrooms
- 4 full bathrooms
- 4 total bathrooms
Bedrooms
- 7 bedrooms
Building
- Construction Materials: "Composition Shingles", "Stucco"
- Living Area: 1870
- Year Built: 1950
- Level - Street: "6+ Bedrooms", "4 Baths", "Laundry Facility", "Main Entry"
Cooling
- Cooling: "None"
Fireplaces
- Fireplace Included
Floors
- Flooring: "Vinyl"
Garage
- 2 garage spaces
Heating
- Heating: "Wall Furnace"
- Heating Included
Laundry
- Features: "Laundry Room"
Location
- Subdivision Name: Webster
Lot
- Lot Features: "2 Houses / 1 Lot", "Front Yard", "Security Gate"
- Lot Size Acres: 0.161
- Lot Size Area: 7013.16
- Lot Size Square Feet: 7000
- Parcel Number: 46543417
Parking
- Parking Features: "Off Street"
Pool
- Pool Features: "None"
Property
- Property Condition: "Existing"
- Property Sub Type: Single Family Residence
Roof
- Roof: "Composition Shingles"
Utilities
- Electric: "No Solar", "220 Volts in Kitchen"
Windows
- Window Features: "Double Pane Windows"
Listing
- Sale/rent: For Sale
- $471 per square foot