Please check the video tour on the 2nd slide / You can reach CAP rate 8% and INCREASE your income substantially approx.$40,000 annually, BY ADDING an ADU & building an addition to FRONT house // TWO separate HOUSES (not apartments) STAND ALONE Homes with THREE separate residences in total (Back BIG house is split into 2 residencies) - completely DETACHED & SEPARATELY metered for gas, electric and water, sitting on a BIG LOT, almost 9,600 sq.ft. // PLUS potential to add 2 ADU // ALL Construction Plans and PERMITS are OBTAINED and will be transferred to Buyers at NO Additional cost. (Extra rent is based on the average rent & cap rate depends on the loan interest rate) // Even with only a 3% rent increase - you will end up with over $3,500 additional rent each consecutive year. Currently $106,500 annual INCOME, from ALL 3 units. Total RENT $8,880/month (from ALL 3 units), can be increased by another $3,600/month with ADU. Currently 3 units – 9 rooms, 4 FULL bathrooms & 5 car garage can be turned to 5 units – 12 rooms and 6 bathrooms. Separate residencies - not apartments ** ** Rent roll and property video are available upon request.... ** IN 2022 MAJOR REMODEL for both houses was done, new paint, new double-pane windows, new floors everywhere & kitchen & bathroom cabinets ** IN 1986, BACK house Single Family House, was build 7 rooms & 3 Full Bath, split into 2 units from inside. Original FRONT House "single family", was build earlier , one level, 2 beds & 1 FULL Bath. Sitting on a LARGE Lot approx. 9,583 sq.ft ** * Each house is SEPARATELY metered for gas, electric and water. * Currently leased to reliable tenants at above-market rent. * CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways. Must see in person to appreciate the flow and floor plan. Seller has approved PLANS & permits from the city to ADD living space and a bath to the FRONT HOUSE. And to convert the 3 garages in the back HOUSE to a 2-bedroom ADU unit. * High dense rental area * Currently we have TWO HOUSES with a PRIVATE gate for more privacy and security. * OVERSIZED LOT for additional parking (can fit 9 extra cars) * EASY to rent CENTRALLY located, close to downtown, transportation, MAJOR freeways 22,5,57. ** ALL Tenants are on month-to-month lease and paying Excellent rent - above MARKET Value. Must see in person to see the flow and floor plan. PROPERTY VIDEO available. Please contact Carmen Abraham (714)403-1797 directly for all details.