Our newly listed duplex has a large lot and potential for rental income.
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Are you looking for an investment property in Southern California? We have a newly listed duplex that could be a good opportunity to generate steady rental income or even live in one unit while renting out the other. It is located in a prime area and has upgraded features that will attract tenants and give you a solid return on investment. This newly upgraded two-bedroom, one-bath duplex sits on a spacious 7,400-square-foot lot, offering plenty of outdoor space and potential for future expansion by adding auxiliary dwelling units (ADUs). This can be an opportunity to earn a steady income, making it an ideal investment. Currently, two tenants are paying $2,500 monthly, totaling $5,000 in monthly rent. Each side of the duplex has been upgraded with laminate flooring, warm gray paint, and spacious kitchens equipped with gas stove ranges and refrigerators. A shared laundry room is located between the two units. One unit even includes a dishwasher for added convenience. The bathrooms have also been updated, with one unit offering a full bath and the other offering a three-quarter bath.
"This could be the perfect starter property if you’re planning to invest in real estate."
Beyond the inviting interiors, this property boasts a generous outdoor space. Both units have private patio areas, and the ample parking assignments ensure hassle-free access for residents and guests. Whether you envision living in one half and renting the other or maintaining the property as a pure investment, the potential for this duplex is endless. It is listed at $950,000 and could have a potential monthly payment of $5,500, depending on the interest rate and lending program. This could be the perfect starter property or a strategic addition to your real estate portfolio. Don't miss this opportunity to own a property in today’s market. Contact me today at (619) 379-7664 or kwsmith3443@gmail.com to schedule a private showing and discover the dual-income potential that awaits.