- 74 days on site
- 2 views
Two detached single-family homes on one lot. Ideal for owner live in one and rent out the other house. This will essentially reduce the cost of home ownership by about half and can be financed with an FHA loan. It is located very close to San Bernardine Medical Center. The front home is big enough for a small or medium family. It offers 3 bedrooms and 1 bathroom (approx. 1,120 sq ft) and was updated within the past year. It's currently rented for $2300. The rear home includes 1 bedroom and 1 bathroom (approx. 595 sq ft), recently updated about 3 months ago. The 2-car garage attached to the rear house has been converted into additional living space (No permits), making it functioning as a 2-bedroom, 1-bath configuration. The roof on the second unit was replaced less than 10 years ago. The current rent is $1650 a month. Property features separate gas and electric meters and a shared water meter, with 90% of water, sewer and trash bills currently billed back to tenants—enhancing operational efficiency. Strong rental history with long-term tenants and minimal vacancy over extended ownership.Both units are currently tenant-occupied on month-to-month leases, providing flexibility for investors or future occupancy. Professionally managed and well maintained over the years, offering a turnkey investment profile with stable income characteristics.
Source: CRMLS, MLS#: IV26082950
