Single-family home
Listing Agent: Garrett Pate (DRE #01459055) · Listing Office: Pacific Realty · Contact: 619-423-5555 · Bought with: Garrett Pate · Pacific Realty · MLS #PTP2301437 · Source: CRMLS
Wonderful investment opportunity with a strong track record as a furnished rental for traveling professionals. This canyon side mid century bungalow with fully permitted ADU sits on one of the most coveted streets in the neighborhood. The property features two turnkey rentals, the main unit is a 2/1 and the second, an attached studio ADU. Low maintenance, drought tolerant landscaping in the front, both units feature in unit W/D and private backyards overlooking the canyon. Both units have tastefully updated kitchens and bathrooms while still maintaining their mid century bungalow charm. Annual income $63K, Cap rate 5.4%.
Listing description from the May 2023 sale, as reported to CRMLS.