Small Home in solid shape

with additional UNIT in THE back!

2 Meters on Site!

Includes an additional 1/1 home in backyard - can make for EXTRA income!! 

Tenants are a family occupying both units paying $650/month combined. Tenants are aware property is being sold and prepared for a rental increase to $900/month! Buyer must assume current tenants who have been there for 14 years and have a great payment history! Tenants are NOT on a lease so implement your rent increase right away!

Tenants like home AS-IS, just need minor repairs!

CAN ALSO BE A PROFITABLE FLIP!

Do not miss out on this opportunity! Call TODAY.

Property Info:

Front Unit Sq.Ft: 624 

Back Unit Sq.Ft: 343

Lot Size: .067

Subdivision: COMMERCE TO GUADALUPE SA

Condition / Rehab: 

- 15 year old roof 

- Currently rented at $650/month

Rental Comps:

Comp #1 - 2422 Commerce - Quadplex unit, renovated, 800 sq ft, 1/1 - rented for $995

Comp #2 -523 S Nieces - Single family home, AS-IS condition, updated kitchen, 648 sq ft, 1/1 - rented for $850

Comp #3 - 321 Chupaderas - Single family home, renovated, 410 sq ft, 1/1 - rented for $725

FLIP Comps: 

Comp #1 - 1417 Chihuahua - sits on bigger lot and is ONLY 80 sqft bigger. NOT renovated - only has new laminate flooring in a bedroom. Sold for $133k!

Comp #2 -2014 Chavez- is bigger and does sit on bigger lot HOWEVER is in “AS-IS” condition and sits on busy road. Sold CASH for $134k!

Comp #3- 1708 San Fernando - sits on SMALLER lot, 30 sq ft smaller, AS-IS condition - Sold CASH for $110k!

RSVP FOR ACCESS ASAP!