12100 Colima Road

Description

This exceptional property offers a prime investment opportunity with three separate structures on a large lot of over 17,000 square feet, providing both privacy and ample space. The property consists of multiple rental units generating strong monthly income, making it an ideal choice for investors seeking long-term returns. The back unit features 2 bedrooms and 2 bathrooms, along with a spacious new kitchen, recessed lights and new laundry cabinets. This unit currently generates $2,395 per month in rental. The garage has been converted into a two-story unit with 1 bedroom and 1 bathroom, offering 700 square feet of living space. This unit currently brings in $1,450 per month. The main house is a two-story structure, with 3 bedrooms and 2 bathrooms. It includes an attached unpermitted junior ADU that has been upgraded with recessed lighting, laminate floors, and a modern bathroom, along with a large bedroom. This portion of the house generates $1,300 per month. Additionally, the family room in the main house has been converted into a bedroom with its own bathroom and a separate entrance, this conversion is unpermitted. The rest of the main house includes 2 bedrooms, 1 updated bathroom, a large kitchen, and an open dining and living room layout, along with central A/C. The main house has the potential to generate $3,650 per month in rent, not including the junior ADU. The large lot offers significant privacy for all the units and provides ample parking for tenants. With its diverse range of rental units and strong income potential, this property is a rare and valuable investment opportunity.

Listing information courtesy of: Angel&Pat Hernandez, Synergy Real Estate 562 696-6515. *Based on information from the Association of REALTORS/Multiple Listing as of 11/15/2024 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.