High Income Multi-Family

Description:

We are pleased to present a high-income producing single family residence plus ADU, with a unique design that includes 3 additional rental rooms with separate entrances for a total of 5-income producing areas.

In 2017 the ownership obtained permits and approvals to convert the garage into a 2-Bedroom 1-Bathroom ADU; ownership then expanded the existing structure to include 3 additional rooms each with their own separate entrances. Plus, utilizing the original structure which was a 3-bedroom house, ownership was able to create 5 separate areas for rental income.

The property is equipped with solar panels which are completely paid for.  There is artificial grass throughout the property for water conservation.  There is plenty of parking spaces for all the tenants with entrance from the alley.  All aspects of the property are designed with efficiency in mind.

The property is turn-key for an investor to purchase and produce cash flow.  Please note that the property is 100% occupied and we will not be vacating any tenants. Please do not disturb any of the tenants.  Contact the listing agent for additional details.





High-Income Producing Asset with Nearly $8,500 in Monthly Rental Income
100% Occupied with 5 Rental Areas
Income from 5 Tenants Ensures a Stable Income Stream
5.0% Cap Rate on Existing Income
Legal Permits Obtained for Home Expansion & ADU
Fully Paid Solar Panels
Separate Entrances for Each Rental Area