Property
Listing Agent: Kelly Rivett (DRE #01249433) · Listing Office: Cornish & Carey Commercial · Contact: 4087279600 · Bought with: Ana Alvarez · MLS #ML81910032 · Source: CRMLS
Price Reduced!!! An investor opportunity to acquire a single family residence (SFR) and a duplex on 1 parcel. 1705-1707 Woolley Way is the duplex, with 2 bedrooms/ 1 bath on each side. The SFR is next door at 2420 Cormorant Way, and is a 2 bedroom/ 1 bath of approximately 900sf. All units have W/D hook-ups and attached single car garages. New gas line was installed in 2021 and roof is approximately 8 years old. One of the duplex units is in the process of eviction, and is cooperating and actively looking for a new place. Seller is fully financially responsible for the eviction with absolutely no cost to the Buyer. The other 2 units are long term tenants paying below market rents. Immediate income upside with current average rents of $1,042/month. Market rent is a minimum $1,500 month. Seller Motivated with exchange property identified! Please do not disturb tenants.
Listing description from the January 2023 sale, as reported to CRMLS.