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Listed by TIM MARAIS, DRE #02130924 • ROCKCAL REAL ESTATE
$420,000
Est. payment /mo
4 Beds
2 Baths
2,258 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,258 sqft
Price per Sqft $186
MLS Listing ID CRMB26218526
Bedrooms 4
Full Baths 2
Year Built 1938
Lot Size 0.867 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Seller is willing to offer concessions. ATTENTION INVESTORS! The real opportunity is the HUGE LOT and 2 LARGE BARNS that could be converted to ADUs for rental income. Buyer to verify all potential uses, permits and conversion possibilities with Los Angeles County. FLIPPERS and CONTRACTORS will love this! RARE PEARBLOSSOM DUPLEX WITH HUGE UPSIDE! PROPERTY NEEDS TLC and is ideal for a HANDYMAN, CONTRACTOR, INVESTOR or buyer looking for a value-add project. This is a great opportunity to acquire a duplex property on an oversized 37,756 sq ft lot in a rural setting. The property offers approximately 2,258 sqft of living space. The front house is currently VACANT and the rear house is OCCUPIED and producing $500 rental income BELOW MARKET VALUE. Creating potential for an investor to increase cash flow. The property is zoned LCRA7500* and offers a rural/agricultural setting suitable for HORSES and FARM ANIMALS, subject to applicable County regulations. GREAT OPPORTUNITY TO BUY AND BUILD, RENOVATE, ADD VALUE AND CREATE EQUITY. Multiple potential strategies include living in one unit while collecting rent from the other, renovating the existing units, improving the rental income, utilizing the substantial barn/storage areas, or exploring additional permitted improvements. MO
Location
State CA
County Los Angeles
Area Pblm - Pearblossom
Interior
Cooling Central Forced Air - Electric
Fireplaces Type Primary Bedroom
Laundry Gas Hookup, 30
Exterior
Garage Spaces 6.0
Pool None
View Hills
Building
Story One Story
Water District - Public
Others
Tax ID 3038019002
Special Listing Condition Not Applicable
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