720 N 2nd Street | MLS #226066687 | RE/MAX California & Hawaii
 
  • 32 days on site
  • 10 views

Exceptional opportunity to acquire a recently rebuilt, purpose-designed shared living property offering a variety of income-producing residential care and housing opportunities. Situated on a spacious 1-acre lot within an Opportunity Zone and offering room for future development, this turnkey property features 5 bedrooms and 5 bathrooms, including four private suites, each with its own bathroom, closet, and kitchenette. A fifth bedroom includes a private closet and convenient access to a shared bathroom. Rebuilt from the ground up with new roof, plumbing, electrical, HVAC systems, insulation, windows, fixtures, and finishes throughout, the property was thoughtfully designed to balance privacy, comfort, and operational efficiency. Common amenities include a spacious shared kitchen, living room, pantry, and laundry facilities. Additional features include fully owned solar panels, a fire sprinkler system, individual mini-split HVAC systems with separate thermostatic controls for each room, fully insulated interior walls for enhanced sound reduction, keypad entry, and abundant storage throughout. The flexible layout is ideally suited for assisted living, residential care, senior housing, sober living, recovery housing, transitional housing, group home operations, co-living arrangements, rent-by-the-room housing, short-term rentals, or an extended-stay lodging concept. The expansive 1-acre parcel provides ample parking, outdoor recreation space, gardening opportunities, and significant expansion potential, subject to local regulations. Whether you're an owner-operator, investor, or developer seeking a unique income-producing asset, this property offers exceptional versatility, modern construction, minimal deferred maintenance, and long-term upside.

Source: MetroList MLS, MLS#: 226066687

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  • Property Type
    Residential
  • Lot
    1.00 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 720 N 2nd Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/28/2026Source: MetroList MLS Price Reduction
$1,199,000 -40.0%
5/28/2026Source: MetroList MLS Price Reduction
$1,199,000 -90.0%
5/28/2026Source: MetroList MLS Added to Database
May 28, 2026
5/28/2026Source: MetroList MLS Added to Database
May 28, 2026
5/28/2026Source: MetroList MLS Added to Database
May 28, 2026
Listing provided courtesy of Century 21 Select Real Estate- MLS# 226066687MLS Provider