Description
Great investment opportunity! this nearly half-acre corner lot features two houses and offers great potential for expansion. you could subdivide the property and/or add more structures. the property is already generating impressive cash flow and stands out due to access, corner lot, lot shape and size. it is perfect for investors as well as owner users who want to expand their budget and live in one of the homes while using the income from the adu to help with the qualification for a loan. the detached 3-bed/2 bath adu was newly built in 2019. you can live in one and rent out the other, or rent out both and collect double the rental income. total current income $7,450. there maybe a potential to build a total of 4 more units and/or go through the sb9 lot split process to divide the property into two. the property is conveniently located within walking distance to schools and dining, with easy access to the 405 freeway. buyers should verify all information independently and not rely on the information on the mls. the adu is generating $3500 and the house $3950.
Property Type
ResidentialSubdivision
FallbrookCounty
Los AngelesStyle
TraditionalAD ID
46659376
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 4
- Full Baths: 4
- Half Baths: 0
Interior Features
- Fireplace: None
- Flooring: Tile
- Furnished Description: Unfurnished
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1950
- Building Area Total: 3,045
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4759
- Lot Size Dimensions: 133x157
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 20731
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Listing Information
Listing Price Information
- Original List Price: 1,449,400
- Listing Contract Date: 2024-08-15
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2651020031
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NOH - North Hills
- Postal Code Plus 4: 5521
- Directions: Nordhoff and Noble
- Zoning: LARS
- Source Property Type: Residential
- Area: NOH - North Hills
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 74
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3045
- Levels or Stories: One
- Building Total Stories: 1
Statistics Bottom Ads 2
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BuyOwner last updated this listing 12/22/2024 @ 06:19
- MLS: 24428211
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 3,045 sqft, 20,731 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of North Hills , in zip code 91343, this Los Angeles County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.