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$1,850,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Ashland
MLS Listing ID 41134143
HOA Y/N No
Year Built 1885
Lot Size 0.528 Acres
Property Sub-Type Single Family Residence
Property Description
Exceptional income-producing opportunity on an approximately 23,000 sq. ft. flat corner lot featuring two separate 2 bedroom, 1 bath homes with strong rental and future development potential. This versatile property is ideal for investors seeking multiple income streams, multigenerational rental setups, or owner-occupants looking to offset expenses with substantial rental revenue. In addition to the two homes, the property includes an extra-large barn (square footage to be provided) offering excellent potential for additional income through vehicle storage, contractor storage, warehouse-style use, hobby space rentals, or business-related storage opportunities. A large powered workshop adds even more flexibility for tenant use, business operations, or supplemental rental possibilities. Extensive exterior parking creates added value for tenants, contractors, RV storage, work trucks, trailers, or equipment parking. The oversized corner lot may also provide future expansion or additional ADU development opportunities for increased cash flow and long-term appreciation (buyer to verify with local agencies). Conveniently located near shopping, restaurants, local businesses, and commuter routes, enhancing tenant demand and long-term investment stability. Located within the San Lorenzo School District. A rare chance to acquire a flexible, high-potential property with multiple avenues for immediate and future income generation.
Location
State CA
County Alameda
Interior
Heating Floor Furnace
Flooring Carpet, Laminate
Fireplace No
Exterior
Parking Features Garage
Roof Type Shingle
Total Parking Spaces 8
Building
Lot Description Back Yard, Front Yard, Street Level
Others
Tax ID 80C48446
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Listed by Viviana Cherman Serhant California, Inc #01920283
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