See all 57 photos
57 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Carmen Abram Tawfik • T.N.G. Real Estate Consultants
$1,668,000
Est. payment /mo
3,043 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,043 sqft
Price per Sqft $548
MLS Listing ID CRPW24206655
HOA Y/N No
Year Built 1986
Lot Size 9,583 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
CASH FLOW $107,000 current annual rent income - reliable tenants. TWO SINGLE FAMILY houses - with total THREE completely separate, detached residences. * The TWO houses are STAND ALONE & SEPARATELY metered for gas, electric and water, each has its own mailing address. Add - TWO ADUs , you will end up with FIVE residences. ** Seller has APPROVED PLANS from the city & Building PERMIT for ADU. Will be TRANSFERRED at NO additional cost (see supplements) Reach CAP rate - Upto 8% CAP / and additional $40,000 annual rent increase with those TWO additions: One ADU unit (2 beds, 1 full bath) & build an addition (1 bed/1 bath & kitchen) to the FRONT HOUSE. Increase in RENT by another $3,450/month with ADU. Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year. Currently 3 units – 9 rooms, 4 FULL bathrooms & 5 car garage can be turned to 5 units – 12 rooms and 6 bathrooms ** In 2022 MAJOR REMODEL for both houses was done, new windows, new floors everywhere & kitchen & bathroom cabinets IN 1986, BACK house SFR was build 7 rooms & 3 Full Bath, split into 2 units from inside. Original FRONT single family House, one level, 2 beds & 1 FULL Bath. Sitting on a LARGE Lot approx 9,583 sq.ft Currently leased to reliable tenants at above-market
Location
State CA
County Orange
Interior
Heating None
Cooling No Air Conditioning
Flooring Laminate, Tile, Vinyl
Fireplace No
Appliance Gas Water Heater, Tankless Water Heater
Laundry Common Area, In Garage, Laundry Room
Exterior
View None
Handicap Access Other
Building
Water Public
Read Less Info
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.