Property Detail

Description

The Grand Finale of a Coveted Trio of Properties. Two have sold, one left with this last opportunity. Built in 2022, this is a 3 bed/2.5 bath Single Family Home (25628 Rolling Hills Way) with an attached 2 bed/2.5 bath ADU (25630 Rolling Hills Way). Property is currently operating like an income-producing duplex, with both units tenant-occupied on month-to-month leases. The main house is currently renting for $5,000/month (proforma $5,500/month) and the ADU for $3,750/month (proforma $4,100/month). Current gross scheduled income is $105,000 (4.75 CAP), which rises to $115,200 (5.34 proforma CAP) if proforma rent increases were implemented. Low operating expenses of $22,578, including new taxes. Low expenses, strong income, and tenant stability: a compelling turnkey investment opportunity.