Description

Seller Financing Available Proposed Terms: 5.00% interest, P&I, 25-year amortization, 5-year term, 30% down/70% seller carry, with balloon payment due at maturity. Unit Mix: 4 two-bedroom/1-bath units (~1,000 SF each) and 2 two-bedroom/1.5-bath townhome-style units (~1,300 SF each), totaling approximately 6,600 SF. Five of six units have been substantially renovated with quartz countertops, updated cabinetry, waterproof vinyl flooring, newer appliances, refreshed bathrooms and interiors. Major capital improvements include upgraded electrical panels/breakers, newer water heaters, dual-pane windows, driveway/asphalt and drainage improvements, and refreshed carports. Four of six units are currently occupied, providing immediate income with upside from leasing the two vacant units. No current delinquencies, evictions or pending notices to vacate. Tenants pay PG&E and internet; owner pays water, sewer and garbage. A mix of six-month and month-to-month leases provides flexibility and future rent-growth potential. Recent improvements reduce near-term capital needs and support continued stabilization and income growth.

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Property information

Property type

Residential Income

Sub-type

Multi Family

Year built

1960

Living area

4,960 Sq Ft

Annual taxes

$17,910

HOA fee

None

Price / Sq Ft

$323

Days on market

61

Parcel number

0069-041-010

Features

Cooling

Wall/Window Unit(s)

Heating

Wall Furnace

Parking

Carport

Foundation

Slab

Roof

Shingle

Sewer / Water

Public Sewer · Public