Property Detail

Description

This property is a triple-threat investment located in a prime, high-demand neighborhood. Whether you are looking for a high-yield rental or a multi-generational living setup, this unique three-unit compound offers unmatched versatility and cash flow. The Income Breakdown: This property generates a substantial gross monthly income of $5,850, providing a robust cap rate in a desirable area. ConfigurationMonthly Rent: Main House 3 BR / 2 BA spacious layout, perfect for familie, rented for $2,800/mo. Garage Conversion 1 BR / 1 BA Fully permitted with its own kitchen, rented for $1,250/mo. Permitted ADU2 BR / 2 BA Separate address & utility meters (Gas/Elec/Water), rented for $1,800/mo. Prime Location & LifestyleCommuter’s Dream: Located in a transit-friendly hub, making daily commutes effortless for tenants. Retail & Dining: Just minutes away from major shopping centers, trendy boutiques, and local eateries. Reliable Neighborhood: Situated in a stable, sought-after area known for its safety and consistent property value appreciation. The Investor’s Edge: The standout feature is the fully permitted ADU. Because it features its own address and separate utility meters, the management is incredibly simple—tenants pay their own bills, and you avoid the headache of splitting costs. Expert Insight: "Permitted multi-unit properties in established neighborhoods are the 'gold standard' for long-term wealth building, offering both immediate cash flow and high resale demand."