Main house [4x2 (1277 sqft)]+ ADU/GH [2x1 (875sqft) + a two-car detached garage with a side door opening to a big cemented yard and automatic garage opener which can be accessed from the alley]. Both unit has permitted and Zoning is LARD3 (Duplex). The city said the property can expanded and or build two 2 story. The yard has room for more cars parked. The entrances are from front and back for both units. Front unit was expanded around 2006 and both units remodeled around 2013. Each unit also has its’ own private yard. Tenants pay their own utilities. Electric and gas bill are separated. You can expand the back unit and add one bedroom + one bath. TWO OF: Central Air Conditioning, Water Heaters (38 GALLONS/INSIDE LAUNDRY ROOM), Separate Identical Kitchens with an attached Laundry Areas, Refrigerators, Washers/Dryers, Ovens, Microwaves. The dark cabinets in the kitchen match the wooden floors. Tiles in the bathroom. Nice neighborhood surrounded by elementary, middle and high schools. Close to LAKE BALBOA park. dog park, TRANSPORTATION, SHOPS, RESTAURANTS, super Market AND MALL.
Front unit is $2,960.00+ back unit plus garage $2,232.00 = $5,192.00 total per month rents. The cap rate is 6%.