Fantastic Investment Opportunity – Zoned RM-1 with 2 Detached Homes on One Lot! Prime location just one block from the “Mile of Cars” and close to schools, shopping, dining, major freeways, and the brand-new Gaylord Pacific Resort & Convention Center. This unique property features two detached homes, but 4 units being rented offering excellent income potential. The front home (a 3 bed, 1 bath) is now being rented as a 2 Bed, 1 Bath and a Studio with a bathroom (common wall separates each unit). The rear home is (a 4 Bed, 2 Bath) is being rented as two 2 Bed, 1 Bath units (with a locked door separating each unit). The entire property is fenced, providing privacy and off-street parking for 5 or more vehicles. The lot is also home to mature Macadamia Nut, Fig, and Lemon trees for added charm. Utilities are included in the monthly rent. Electricity and Gas is shared between each detached home. One shared water meter for both units. Live in one unit and rent out the other 2-3 units—or rent them all! Or tear down and build your dream investment property! A versatile investment property in a high-demand location.
Back Yard, Front Yard, Level, Near Public Transit, Yard
Date | Details | Change |
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Status Changed from Coming Soon to Active | – |
Joe Lyons, Coldwell Banker West.
Based on information from California Regional Multiple Listing Service, Inc. as of August 11th, 2025 at 6:10am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.