Attention investors, buyers opportunity knocks on your door , corner lot, location location close to california state university , Alhambra, Pasadena, Monterrey park,, cash flow , cash flow , check comps, property is under value because is being sold with tenants, 4206 Lowell records shows 1 br but there is 3 br section 8 tenant paying $1485, 5451 Huntington dr 1 br regular tenant no section 8 paying $1167. Actual rents proforma on section 8 ,on this neighborhood section 8 Pays for 3 br $3915 and 1 br pays $2407
The property consists of two units located in a corner lot, making it an attractive option for potential buyers. The location is highly desirable as it is close to downtown, universities, and parks, offering convenience and accessibility to various amenities and facilities.
Unit 1 - 2 Bedroom, 2 Stories: The first unit in the property is a spacious 2-bedroom being use as 3 br residence spread over two stories. This layout provides ample living space and privacy for the occupants. The two bedrooms offer flexibility for residents, whether they need an extra room for guests, a home office, or a growing family. The two-story design adds a sense of separation between the living areas and the sleeping quarters, enhancing comfort and functionality.
Unit 2 - 1 Bedroom: The second unit on the property is a cozy 1-bedroom dwelling. While smaller in size compared to the first unit, it offers a comfortable living space for individuals or couples looking for a more compact home. The layout is likely more straightforward and easier to maintain, making it an ideal option for those seeking a low-maintenance lifestyle.
Property Highlights:
Great Location: Being close to downtown, universities, and parks, the property offers convenience and accessibility to various amenities.
Lowest List Property: This property stands out as the lowest-priced listing in the area, making it an attractive investment opportunity for buyers looking to enter the market or expand their real estate portfolio.
In summary, this property presents a unique opportunity with its two units in one lot configuration, offering both space and versatility for potential buyers. Its prime location and affordability compared to other listings in the area make it a compelling option for those seeking a well-positioned investment or residential property.