Live in one residence while renting out the other for additional monthly income. Beautifully renovated in 2022, this versatile property features a 3-bedroom, 3-bath main residence with an attached 2-bedroom, 1-bath ADU, presenting an exceptional opportunity for both owner-users and investors. The approximately 1,900 sq. ft. main residence offers high… Read More ceilings, abundant natural light, generously sized bedrooms, and a spacious, private and secure yard surrounded by mature trees. The primary suite is highlighted by its own private balcony with mountain views, while two additional bedrooms offer ample space and convenient access to separate bathrooms. Currently tenant-occupied on a month-to-month basis at $5,950 per month, the main residence can be delivered vacant, giving a new owner the flexibility to move in or continue generating rental income. The approximately 600 sq. ft. ADU offers a charming 2-bedroom, 1-bath layout and is currently leased for $2,350 per month, providing an immediate additional income stream. The ADU rent is below market value with potential for increase. Together, the two residences currently generate $8,300 per month, or $99,600 annually in gross rental income, creating a compelling opportunity to enjoy the property as a primary residence while offsetting ownership costs with rental income, or maintain both residences as income-producing assets. Additional amenities include a private garage exclusively serving the main residence, driveway parking for two vehicles with one space currently utilized by the ADU as well as ample street parking. The property underwent extensive improvements in 2022, including updated electrical, plumbing, drywall, windows, lighting, driveway, kitchens, bathrooms, and more. A rare opportunity to acquire a substantially renovated, dual-residence property offering exceptional flexibility and income potential. Move into the main residence and benefit from immediate ADU rental income, or take advantage of the property's existing income-producing configuration. A unique offering and a must-see for the area. Read Less
Courtesy of MGB Realty Group 310-877-2348
Listing Snapshot
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
4
Square Ft.
2,518
Lot Size
0.13 Acres
Year Built
1921
MLS Number
26989951
Additional Details
Appliances & Equipment
Built-In And Free Standing, Built-In Gas, Alarm System, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Water Filter, Washer, Refrigerator
Building
2,518 sq ft, Built in 1921, Levels: Two Level, Detached/No Common Walls, Contemporary Mediterranean
Cooling
Central
Disclosures
As Is
Exterior Features
Stucco, Porch - Rear, Porch - Front, Roof Top Deck
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
