164 Spinnaker Way

Description

Charming 4-Bedroom Investment Property with Long-Term Tenant Discover an excellent investment opportunity with this well-maintained 4-bedroom, 2-bathroom single-family home in a desirable neighborhood. Built in 1977, this 1,406 sq. ft. property sits on a 6,000 sq. ft. lot (0.14 acres) and offers a spacious 2-car garage (433 sq. ft.) for added convenience. A standout feature of this property is its long-term tenant, who has been in place for nearly five years and would like to stay, ensuring immediate rental income for the next owner. Key Features: ? 4 Bedrooms, 2 Bathrooms ? Single-Story Layout – Easy access and functional design ? Spacious 2-Car Garage – Additional storage and parking space ? Stable Rental Income – Tenant in place for nearly 5 years ? Minimal Flood Risk – Located in Flood Zone X While the home does not currently have air conditioning, heating, or a fireplace, it presents a fantastic opportunity for an investor looking for a stable, income-generating property with potential for value-add improvements. Don’t miss this chance to expand your portfolio with a well-managed rental! Contact us today for the full proforma and more details.

Listing information courtesy of: Wolf Croskey, Wolfgang Croskey Real Estate 925-415-6076. *Based on information from the Association of REALTORS/Multiple Listing as of 02/21/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.