Multi Family Home, MLS# S10051190
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Description
NO RENT CONTROL HERE!!! Looking for income property that rents quickly & easily in the south bay? Here it is. Excellent location for your tenants who want to see the Ocean, walk to the Beach, and have lots of room to live & play. Both front and rear units are two stories each with 3 Beds, 1.75 Baths. Both units have been totally remodeled with new Kitchen including Granite counters, Stainless Appliances, Living Room with Bamboo Hardwood Floors, the New Baths with Vanity Sinks, Slate & Travertine Tile. Additional upgrades include Dual-Pane windows, Sliding Glass Doors, New Garage Doors, and more. Rear Unit has a small backyard patio and a balcony upstairs. Front unit has 3 spacious balconies. Keep both as rentals, or live in one and rent the other!
Features
- Status: Active
- Lot Size Source: Estimated
- Price Per Sqft: $464
- Units In Complex: 2
- Number Carpet: 2
- Number Dishwasher: 2
- Number Disposal: 2
- Number Of Buildings: 1
- Number Patio: 2
- Square Footage Building: 2349
- Unit Monthly Rent01: 2675.00
- Unit Monthly Rent02: 2600.00
- Unit Number Of Bath01: 2.0
- Unit Number Of Bath02: 2.0
- Unit Number Of Bed01: 3
- Unit Number Of Bed02: 3
- Number Electric Meters: 2
- Number Gas Meters: 1
- Number Water Meters: 2
- Actual Rent Total: 5275.00
- Expense Operating: 14693.00
- Expense Total Annual: 14693.00
- Expense Trash: 480.00
- Expense Water: 600.00
- Gross Rent Multiplier: 6.00
- Gross Scheduled Income: 63300.00
- Monthly Gross Income: $5,275
- Net Operating Income: 47475.00
- Tenant Pays: Cable TV, Electricity, Gas
- Lot Size SQ FT: 2496
- Garage Spaces Total: 3
- Open Other Spaces Total: 6
- Parking Features: Interior Access (N)
- Parking Spaces: 3
