Description
The back house probably needs $35-$50k of work. There is evidence of roof leaks and interior ceiling damage in two places. The house was built in 1930 and the duplex in 1960. The property manager says that the sewer pipe was replaced under the duplex several years ago. The property manager says that one unit lacks a functioning heater. This value-add opportunity will require a hard money loan. Institutional lenders won't finance since the back portion of the duplex's deferred maintenance means it is not yet rent ready.
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The back house probably needs $35-$50k of work. There is evidence of roof leaks and interior ceiling damage in two places. The house was built in 1930 and the duplex in 1960. The property manager says that the sewer pipe was replaced under the duplex several years ago. The property manager says that one unit lacks a functioning heater. This value-add opportunity will require a hard money loan. Institutional lenders won't finance since the back portion of the duplex's deferred maintenance means it is not yet rent ready.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.