10316 Baker Road

3

Unbelievable opportunity for astute investor. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you!!! Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, with the other 2 homes approx 1,152sq ft 3+2 (unit C) and 1,054 sq ft 3+1 (unit B), respectively. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 !! the rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,845 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!
10316 Baker Road, Lucerne Valley, CA 92356 | Residential Income | Active | 3500 SF | 217800 SF Lot | Built 1948 | 1 Stories | MLS# SR22098654

Offered at $425,000

Features

Garage Spaces: 1 | Parking Spaces: 3 | Pool: No | Colling : See Remarks | Heating : See Remarks

Agoura Hills

4149 Liberty Canyon Road
Agoura Hills, CA 91301
Info@addressrealestate.com
818.661..4661

Based on information from California Regional Multiple Listing Service, Inc. as of September 27, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Louis Woolf, Rodeo Realty, Source: Local MLS