Description
~~~ So what do you get when you cross a single-family home with 4 ADUs? Try an amazing ground floor investment in the evolving Irvington District, an easy stroll or leisurely drive to shopping, restaurants, personal services, Lake Elizabeth and the eventual Irvington BART Station, as well as easy connectors to highways 680,880,238&84. This is your opportunity to get in pre-gentrification as new homes sprout up throughout the immediate region. All units currently rented. Long-term tenants would like to stay but rents are under market. On site coin-op laundry facility for additional income. Main house (unit #1) 3 bedroom/2 bathroom approx. 1150sqft & $2850/mo. All ADU apartments are 2 bedroom for greater tenant retention, & 1 bathroom approx. 900 sqft each. Unit #2 $2350/mo, Unit #3 $2200/mo, Unit #4&5 $2300/mo. Upgrades to consider for greater return: converting detached carports to garages and adding 1 additional bath to the larger bedroom of the ADU apartments (with city approval, of course). All properties have very recent structural pest control and whole home inspections, available to Realtors and prospective buyers. Corner lot with great street parking. Buyer to verify actual square footage.
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11BEDS
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0.28ACRES
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6BATHS
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01/2 BATHS
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4,909SQFT
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$509$/SQFT
School Ratings & Info
Listing provided courtesy of Bill Can!Trell of RealQuest Properties: (510) 468-7376.
Description
~~~ So what do you get when you cross a single-family home with 4 ADUs? Try an amazing ground floor investment in the evolving Irvington District, an easy stroll or leisurely drive to shopping, restaurants, personal services, Lake Elizabeth and the eventual Irvington BART Station, as well as easy connectors to highways 680,880,238&84. This is your opportunity to get in pre-gentrification as new homes sprout up throughout the immediate region. All units currently rented. Long-term tenants would like to stay but rents are under market. On site coin-op laundry facility for additional income. Main house (unit #1) 3 bedroom/2 bathroom approx. 1150sqft & $2850/mo. All ADU apartments are 2 bedroom for greater tenant retention, & 1 bathroom approx. 900 sqft each. Unit #2 $2350/mo, Unit #3 $2200/mo, Unit #4&5 $2300/mo. Upgrades to consider for greater return: converting detached carports to garages and adding 1 additional bath to the larger bedroom of the ADU apartments (with city approval, of course). All properties have very recent structural pest control and whole home inspections, available to Realtors and prospective buyers. Corner lot with great street parking. Buyer to verify actual square footage.
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