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Property

Property

Property

Property

Property

6447 Wilbur, Reseda, CA 91335

$1,199,770 LOGIN TO SAVE

6447 Wilbur, Reseda, CA 91335
Bedrooms: 3
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Bathrooms: 2
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Area: 1170 SqFt.

    Description


    Prime income producing opportunity with approved ADU + Junior ADU , High cash flow potential. Exceptional investment opportunity in Los Angeles featuring a fully remodeled 3-Bedroom, 2- Bath, main residence , plus a fully Approved RTI development package for a new construction ADU and a 400 sq ft Junior ADU. The existing front home has been completely renovated, including a brand new kitchen, two fully remodeled Bathrooms, updated plumbing and electrical, paid Solar system, and fresh interior and exterior paint, making it immediately rent-ready with strong market appeal. Projected rental income potential Front Main Residence (3BD/2BA) . $4850 /month . $58200 annually Future 400 sq ft junior ADU . $2500-$3000 /Month . $30,000-$36,000 annually New construction rear ADU (1,199 sq ft,3BD/2 BA) . $5,000-$6,000/month . $60,000-$72,000 annually Total projected Gross Annual Income (All units completed) . Low Estimate: $58,200+$30,000+$60,000=$148,200 per year . High estimate: $58,200+ $36,000+ $72,000= $166,200 per year This represent a potential $12,350-$13,850 per month gross rental income once fully developed. Developments highlights . Fully approved 1199 sq ft, 3BD/2BA detached ADU . Approved 400 sq ft Junior ADU (JADU) . Rear alleu access providing private entry to the new ADU . Two dedicated parking spaces for ADU . EV-designated 240 V car charger outlets . Approved landscaping and parking design plans . All permits and RTI approvals secured through the city of Los Angeles The Rear alley access enhances privacy and rental desirability , creating through separation between uni

    Features

    ​​​​​​​

    Gerri-Lynn Fives

    Real Estate Agent
    Address:
    1111 Prospect St
    La Jolla, CA 92037
    Mobile:
    619-813-7193
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    Contact

    Gerri-Lynn Fives

    Gerri-Lynn Fives

    Do you have questions? We look forward to hearing from you. Contact Gerri-Lynn at 619-813-7193. To know more about Gerri-Lynn Fives, Click the button below to get the full information you need.

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    Information

    1111 Prospect St
    La Jolla, CA 92037

    619-813-7193
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    DRE# 01264757

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    Pacific Sothebys
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2016 Sandicor®, Inc.

    2017 © Gerri-Lynn Fives Pacific Sotheby's International Realty - ALL RIGHTS RESERVED - POWERED BY powered by Roya.com

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