Courtesy of Lyon RE Davis.
Updated 7/23 – the home is now vacant, cleaned and ready for new ownership. City resale has been cleared as well; all additions and modifications have been permitted through the City. Current owner took an original Stanley Davis Marin floor plan home and built it up into a 5 bed / 5 bath 2,600+ square foot property which has served as a strong investment for his family for many years. Each bedroom has its own associated bathroom, making it ideal either for a large family or to be rented by the bedroom. Based on current rental comps, I believe an SRO investment strategy could generate ~$5,000 in monthly rent. Vacancy has never been an issue, multiple tenants having lived in the property for 3+ years. The nature of this unique property leaves opportunity for creative investors to maximize returns. Come take a look for yourself!
This data up-to-date as of October 9, 2024 16:02.
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