Duplex · 2 recorded sales since 2020
Listing Agent: Brad Kerr (DRE #01182768) · Listing Office: Corcoran Global Living · Contact: 714-366-0990 · Bought with: Lori Mortenson · Pacific Properties, Inc · MLS #PW21154801 · Source: CRMLS
2 totally remodeled units on a great lot. There is room for a 3rd unit as well for the long term investor (lots of usable lot space in front). New interior and exterior paint, new kitchens in both units, new bathrooms, appliances, tankless water heaters, interior and exterior doors, flooring, a/c and heat (combo units), inside laundry areas, new panel, as well as new landscaping and sprinkler system. Everything was gutted and put back together. All work was permitted through the city and finalized. Huge parking area in front to fit many vehicles. Separate addresses as well as alley access for one of the units with a rolling gate. The 2 bedroom 1 bath unit is 819 sq. feet, and 1 bedroom 1 bath unit is 444 sq. feet. Both units feel roomy with ample closet space. Very low projected maintenance cost with excellent projected cap rate based on the current rental environment. Units are vacant and ready to be leased and occupied.
Listing description from the August 2021 sale, as reported to CRMLS.