Residential Income Details
**MAJOR PRICE REDUCTION!! ORIGINALLY LISTED AT $900,000 DOWN TO $750,000 - INVESTORS NEEDED** Legal use for this property is as follows: 2 Story building as a 2 family dwelling and 4 guest rooms R-1 Occupancy. Front unit may be permitted as a single family dwelling or retail office. Buyer to verify all permits with the city. Current use of the property which does not conform with its legal use: 5 unit residential income property which consists of 2 buildings. 1 front detached 1 bedroom unit and a 4 unit 2 story building located in the back. All units be delivered occupied. Great rents! Unit #1: 2 bedroom ($1,483/month) Unit #2: 1 bedroom ($1,020/month) Unit #3: 1 bedroom ($1,037/month) Unit #4: 1 bedroom ($1,037/month) Unit #5: 1 bedroom ($832/month). Total income per month: $5,409/month. Please note, property only has 2 electric meters and 1 gas meter. 1 electric meter for the front detached 1 bedroom unit and 1 electric meter for the 4 unit 2 story building in the back. Seller pays approximately $750/month for water and power. Seller is extremely motivated, please submit all offers!
|Number of Units||5|
|Listing Brokerage||Nationwide Powerhouse Inc|
|Listing Agent||Guillermo Durell|
|Listing Agent BRE #||01732446|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, November 17, 2017.
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