Meticulously maintained 4plex with all Townhouse-style spacious 2-bedroom units, present an excellent investment opportunity. Unobstructed ocean views, high-end unit remodel and prime Point Fermin location command premium rents and in high demand among renters. Property generates an excellent rental income of $8,645 per months plus additional income from 2-car garage and common laundry (Landlord-owned equipment). Property is separately metered for gas and electric and Landlord has minimal expenses. There is an additional vacant room that is currently used as a storage and can be easily converted into 1-bedroom Junior ADU to bring additional income.
Listing courtesy of Olga Wright from Lyon Stahl Investment Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.