3411 BakerMerced, CA 95341

Description

Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold — a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies — whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.

Property Information

Property type

Residential Income

Sub-type

Single Family Residence

Year built

1942

Stories

1

Building area

5,000 Sq Ft

Lot size

2.30 acres

Days on market

186

MLS^® Listing#

MC26099037

Property Features

Pool

None

Laundry

See Remarks

Lot features

Back Yard

Community

Street Lights

Sewer

Public Sewer

Water source

Public

Parcel number

061310011000

Directions

left onto Yosemite Pkwy; Left onto Kelly Ave; Right onto Baker