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Property Detail

Property Detail

Property Detail

6447 Wilbur, Reseda, CA 91335

6447 Wilbur, Reseda, CA 91335

$1,199,770 LOGIN TO SAVE

Bedrooms: 3

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Bathrooms: 2

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Area: 1170 SqFt.

    Description

    Prime income producing opportunity with approved ADU + Junior ADU , High cash flow potential. Exceptional investment opportunity in Los Angeles featuring a fully remodeled 3-Bedroom, 2- Bath, main residence , plus a fully Approved RTI development package for a new construction ADU and a 400 sq ft Junior ADU. The existing front home has been completely renovated, including a brand new kitchen, two fully remodeled Bathrooms, updated plumbing and electrical, paid Solar system, and fresh interior and exterior paint, making it immediately rent-ready with strong market appeal. Projected rental income potential Front Main Residence (3BD/2BA) . $4850 /month . $58200 annually Future 400 sq ft junior ADU . $2500-$3000 /Month . $30,000-$36,000 annually New construction rear ADU (1,199 sq ft,3BD/2 BA) . $5,000-$6,000/month . $60,000-$72,000 annually Total projected Gross Annual Income (All units completed) . Low Estimate: $58,200+$30,000+$60,000=$148,200 per year . High estimate: $58,200+ $36,000+ $72,000= $166,200 per year This represent a potential $12,350-$13,850 per month gross rental income once fully developed. Developments highlights . Fully approved 1199 sq ft, 3BD/2BA detached ADU . Approved 400 sq ft Junior ADU (JADU) . Rear alleu access providing private entry to the new ADU . Two dedicated parking spaces for ADU . EV-designated 240 V car charger outlets . Approved landscaping and parking design plans . All permits and RTI approvals secured through the city of Los Angeles The Rear alley access enhances privacy and rental desirability , creating through separation between units-a major advantage when maximizing rental value and tenant independence. This is a rare opportunity for investors seeking : Strong immediate rental income significant upside through shovel-ready ADU development Multi-stream income strategy Positioning in one of the strongest rental markets in Southern California Turnkey condition in front with approved expansion in the rear minimizing entitlement risk, shortening timelines , and accelerating return on investment.

    Features​

    • 0.17 Acres
    • 1 Story

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    #1 Agent in Aviara

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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