Description
ATTENTION ALL INVESTORS AND DEVELOPERS. This is a positive cash flow income property with a 6% cap rate. RARE, permitted 3-level single family boarding house with 16 tenant occupied spacious rooms, with a shared kitchen and coined laundry machine for additional income. Beautifully detailed Victorian-style residence. Parking in the rear of the house along with a detached garage. Zone R4 for future development opportunity. Scheduled Rent Roll and OM provided upon request.
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16BEDS
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0.17ACRES
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8BATHS
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01/2 BATHS
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4,410SQFT
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$429$/SQFT
School Ratings & Info
Description
ATTENTION ALL INVESTORS AND DEVELOPERS. This is a positive cash flow income property with a 6% cap rate. RARE, permitted 3-level single family boarding house with 16 tenant occupied spacious rooms, with a shared kitchen and coined laundry machine for additional income. Beautifully detailed Victorian-style residence. Parking in the rear of the house along with a detached garage. Zone R4 for future development opportunity. Scheduled Rent Roll and OM provided upon request.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T18:26:46.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.