2 Large Lots with 5 Units Developable
Beautiful Corner Lots with 5 Units on 2 lots in great area that is convenient to shopping and transportation. Lot is Zoned R-5 and city should allow up to 10-11 units on these lots. Developers Dream with 10 3 bedroom 3 story units could bring you $35,000 per month in income. Or develop half and keep income from other units while you are developing. So many possibilities. Owner Financing may be available. adding JADU, or ADU options also. Do not disturb tenants. Unit 1 "Main House" 3 bed, 2 car garage can rent for $3500, Unit 2, 3, 4 and 5 "4 units" 1 bed, 1 garage can rent for $1700. Total rent as it sits can be $10,300 per month. All units have own utilities. 3 Mature Avocado and 1 Apple Tree on property.