Right across from a beautiful well-equipped park, this home has a Mother-in-Law suite and has been Airbnb'd for the last two years as 2 units successfully, and space for ADU in the back. So many things to love about this home. The big question is: is it best to have as an awesome 5 bed 2 bath home to raise your family in? Or is it best to have as a 4 bed home, then rent the separate entrance guest bedroom (with its own bathroom and kitchen) to offset the mortgage payment significantly with Airbnb? Or, do what the current owner has been doing hugely successfully for the past two years, which is to use the entire home as an income property, grossing as much as $8200/mo ? (see docs link and also graphics at end of photos showing this) And that was before a number of upgrades has been done since, including furnishing an extra room into bedroom, which will likely raise that figure to around $10,000/mo . Current owner is happy to help you set up or manage the well-established Airbnb.The current owner has put a lot of loving care into the home, both inside and out -- she lived there for 8 years before renting it out. The home will stand up very well to a licensed home inspection. The portable AC and 3 window ACs have done a great job cooling the entire home. It has an attractive and spacious back yard with fruit trees, great for entertaining, gardening and children play area. Always plentiful street parking alongside of the park's parking lot. You are right across the street from well-equipped City Terrace park, which offers all kinds of recreational activities/programs for children and adults, including swimming pool, tennis court, baseball, soccer, children playgrounds and splash pad, and lots more. And, speaking of children, you are in the City Terrace Elementary School district, which is renowned for its Dual Lingual Immersion Program, and is rated academically well above the state average. In summary, this home has everything you are looking for, regardless of which way you plan to go! This house is to be on the market for 3 weekends open houses. All offers must be in by Sep 26th 6pm and decisions will be made on 27th.
Listing Agent: Ken Shapiro 01715663 Courtesy of: Silverwood Properties "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 27th September, 2022 4:47 AM (UTC)