This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample space, it’s an ideal opportunity for an owner-occupant to live in the front unit while generating rental income from the two back units, or to maximize the investment potential by renting out all three.
Property Highlights:
-3 units in total
-Front unit has a market value lease potential of $3,500/month
-Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy
-Total Monthly Rent (for fully rented units): $6,930/month
-Annual Gross Scheduled Income (GSI): $83,160 (potential)
This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homes—without rental units—have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.
2,044 Sq Ft
6,729 Sq Ft Exterior Space
Investment
Built in 1922
MLS/Listing ID PW25107437
2 Stories
3 Units
Lot - No Sprinklers
Lot - Rectangular Lot
Lot - Near Public Transit
Lot - Lawn
Lot - Front Yard
Lot - Backyard
Laundry Room
Gas Dryer Hookup
Washer Hookup
Main Level Primary
Bedroomon Main Level
Construction - Wood Siding
Community - Urban
Community - Sidewalks
Community - Curbs
Style - Patio Home
Composition
Parking - On Street
Parking - Shared Driveway
Parking - One Space
Parking - Paved
Parking - On Site
Parking - Gated
Parking - Garage
Parking - Garage Faces Front
Parking - Driveway
Parking - Door Single
Parking - Driveway Level
Parking - Direct Access
Parking - Concrete
Lot - Street Level
Water Heater
Vented Exhaust Fan
Accessible Doors
Parking
Safe Emergency Egress from Home
Unfurnished
Quartz Countertops
Raised
Vinyl
Wrought-iron
Wood
Average Condition
Listing Courtesy of COLDWELL BANKER REALTY, LUEN SONG
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE