Keller Williams Realty

The Richard Daskam Team

Broker Associate
eXp Realty
562-857-1965
Licensed In: CA
License #: CalBRE# 01091037

Owner-Occupied building with potential for rent increases down the road. Popular layout with a 3 bedroom 2 bathroom in front (owner-occ) three 2 bedroom 1 bathroom units behind. This building also features 5 garages and 6 parking spaces! Currently only 1 garage is tenant occupied, so plenty of upside on garage rental income once the owner moves out. Pro-Forma rents are 3/2=$2500/mo, each 2/1=$1900/mo, each garage = $100/mo. There is also room to park 6 vehicles along driveway or in back. Onsite laundry for the 2-bedroom units, and inside hook-ups for the 3 bedroom unit. Building was recently repiped. Some dual-pane windows. #3 was updated in 2020. Units 2 and 4 are long-term tenants. 3 bedroom unit features a fireplace. Whether you are looking for an owner-occupied building or for an investment, this is the property for you! Appears to be well maintained throughout, close to parks, schools, shopping and transportation. California has enacted a statewide rent control law. Buyer is advised to review current and proposed laws affecting the rights of landlords and tenants.