Description
This fully renovated 1,919 sq. ft. 1920s home offers a healthy 8 pct cap rate and strong investment potential. Zoned OC and permitted as an SFR, its flexible layout accommodates long-term tenants or 30+ day Airbnb/short-term furnished rentals. Perfect for an owner/landlord co-occupied setup, the property features 5 rooms/units (3 furnished), each with private entrances, kitchenettes, and bathrooms. Modern updates include a chef's kitchen, real hardwood floors, 5 European-tiled bathrooms, 5-zone mini-split AC/heat pumps, common laundry facilities, and Nest Smart Home/Keyless Entry throughout. With 4 off-street parking spaces and flexibility for future uses including potential ADU addition or OC Office Commercial conversion, this property offers a unique blend of historic charm and high-end finishes. Profit and Loss details available upon request.
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4BEDS
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0.1ACRES
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5BATHS
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01/2 BATHS
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1,919SQFT
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$675$/SQFT
School Ratings & Info
Description
This fully renovated 1,919 sq. ft. 1920s home offers a healthy 8 pct cap rate and strong investment potential. Zoned OC and permitted as an SFR, its flexible layout accommodates long-term tenants or 30+ day Airbnb/short-term furnished rentals. Perfect for an owner/landlord co-occupied setup, the property features 5 rooms/units (3 furnished), each with private entrances, kitchenettes, and bathrooms. Modern updates include a chef's kitchen, real hardwood floors, 5 European-tiled bathrooms, 5-zone mini-split AC/heat pumps, common laundry facilities, and Nest Smart Home/Keyless Entry throughout. With 4 off-street parking spaces and flexibility for future uses including potential ADU addition or OC Office Commercial conversion, this property offers a unique blend of historic charm and high-end finishes. Profit and Loss details available upon request.
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