Fully renovated 2024 Single-Family Residence with 1 ADU and 1 JADU, offering strong and stable rental income. Current rental income totals approximately $8,130 per month ($97,560 annually) : 341A - $3,100 (3 bed / 2 bath) 341B - $2,650 (3 bed / 1 bath) 341C - $2,380 (2 bed… Read More / 1 bath) Excellent opportunity for investors or 1031 exchange buyers seeking immediate cash flow. Low-maintenance property with updated interiors and strong rental demand in the area. Strong Expense Structure Water, trash, electricity, and gas are currently paid by the seller. Total utility expenses are approximately $7,200 per year (about 7.4% of gross income). Solar System Solar panels were installed in January 2025. The seller has prepaid the full 25-year solar lease. Buyer to verify lease terms and transfer process. Flexible Rental Structure Unit A (main SFR) is currently on a month-to-month lease, offering flexibility for future owner occupancy or rent adjustment. Based on current income and asking price, the property is calculated at over 7.8% cap rate (buyer to verify). ADU and JADU were City-approved at the time of construction. Buyers are advised to independently verify current City regulations regarding rental use and owner-occupancy requirements. Tenant occupied. Showings with accepted offer only. Do not disturb tenants. Read Less
Property listed by Keller Williams Beverly Hills, Won Mo 310-432-6400
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
7
Full Baths
4
Square Ft.
2,588
Lot Size
0.17 Acres
Year Built
1923
MLS Number
26653725
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1923, Living area: 2588.0, 1 storey, Levels: One
Fireplaces
None
Floors
Vinyl
Heating
Central
Interior Features
CeilingFans
Lot
0.1687 acres, Dimensions: 49x150
Parking
2 total parking spaces, Driveway
Pool
None
Taxes
Parcel Number: 1048501140000
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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