818 11th Street
Property Description
Two homes on one lot - Great Investment Opportunity. This downtown property features two separate homes, each offering 3 bedrooms and 1 bathroom! Both homes have their own PG&E meters and private yards, giving tenants added privacy and convenience. One home is currently rented for $1,475 per month with a long-term tenant in place. The second home is vacant and ready for a new tenant or owner-occupant, with a previous rental rate of $1,700 per month. That's a combined potential rental income of $3,175 per month, or $38,100 annually! With a convenient downtown location, established rental history, and strong income potential, this is a great opportunity for investors looking to expand their portfolio or buyers looking to live in one home and rent out the other. Two homes, two income opportunities, and endless potential!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $377,500 |
| No. of Units: | 2 |
| Year Built: | 1930 |
| Lot Size: | 1,728.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $188,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-BAORCA-202610860
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Jared Ennis
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Rick Recckio
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Greg Corbin
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Lenders
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Essex Property Trust, Inc.
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout