- 3 beds
- – baths
- 1,370 sqft
- 6,537 sqft lot
- $580 per sqft
- 1951 build
- – on site
INVESTOR OPPORTUNITY: CASH-FLOWING CORNER PROPERTY WITH EXPANSION POTENTIAL IMMEDIATE INCOME + FUTURE UPSIDE This exceptional corner property delivers reliable rental income. The unique layout and prime location offer tremendous potential for increased cash flow through modifications. MAXIMUM INCOME POTENTIAL • 3 bedrooms plus flexible bonus area with kitchenette infrastructure • Primary suite with private entrance and bathroom - ready for potential separate rental conversion • 500 sq ft vacant corner lot space with potential for ADU development and independent street access • *Buyer to investigate all related feasibility, city permits for building, construction, and/or unit separation INVESTOR-FRIENDLY FEATURES • Low-maintenance property with reliable tenant base • Primary quarters can be separated from main living areas for maximum privacy • Pool completely renovated with new plaster, plumbing, and tiles • Large storage shed and covered patio with washer/dryer hookups • Landscaping includes fruits trees including Lemon tree, Fig Tree, Avocado, Apple and Lime Tree TURN-KEY INVESTMENT With tenants in place and multiple income stream opportunities, this corner property offers both immediate returns and growth potential. Property will be sold AS IS.
Last checked:
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Checking…
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Last updated Jul 9, 2025
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MLS# CRSR25145873 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1951
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Building Area Units:Square Feet
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Security Features:Smoke Detector(s)
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Accessibility Features:Other
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Other Equipment:Other
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Building Area Total:1370
Interior
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Flooring:Wood
Room Dimensions
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Living Area:1370
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Living Area Units:Square Feet
Location
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Directions:Between Sherman Way and Saticoy. Corner of Variel
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Front Yard
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Parcel Number:2112011024
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Zoning:LAR1
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Lot Features:Irregular Lot
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6537
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:1340.01
Beds
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Bedrooms Total:3
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:4
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Parking Features:Tandem
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/7/25
Jul 7, 2025
|
Listed / Active | BRIDGE | $795,000 | 93.9% (10.1% / YR) |
3/22/16
Mar 22, 2016
|
CRMLS_CA | $410,000 |