On two lots... Three bedroom, downstairs den/4th bedroom two and a half bath home on a double corner lot . Just a block to city gym/pool/recreation center. All new dual glazed windows and sliding doors, new 125 amp electric panel, new garage door and opener, stone wood burning fireplace, large back yard with sliding metal gate (rv storage), mature fruit trees, recently replaced carpet. Just a short walk to main streets restaurants, shops, street fair and farmers market. With all that said the value is in the lots and the potential of building two new homes that are selling in the $1,900,000 range each... ($3,800,000 plus total). Land bank/property is situated on north west corner which its location is the most desirable for sun exposure. Note: double lot with similar income just closed for $2,699,000 $1,585,000, $1,560,000 and $1,530,000 ##(only double lot available) (only corner lot available in a while) (tenant pays all trash/water/gas and electric) ...
Listed by Joe Morrison, Realty BenefitCMRL #OC17243584APN: #02401108
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