"THE BEST INVESTMENT PROPERTY IN THE SAN FERNANDO VALLEY. Cap rate: 7.0% - it's impossible to find a better return on investment. 2 bedroom / 1 bathroom unit AND separate studio unit with walk-in closet, bathroom, and kitchenette. TWO separate addresses. ALL permitted in a quaint San Fernando neighborhood. You can live in the 2/1 house and rent out the studio, or live in the studio and rent the 2/1 house. Great for large families and guesthouses. Back house will rent for $2,200, studio will rent for $1,500. Total is $3,700/mo EVERY MONTH, FOR THE REST OF YOUR LIFE! That's the ultimate retirement plan. Interiors include granite countertops, tile bathrooms, walk-in closet, new wood flooring, carpets, and stainless steel appliances. Exteriors include lattice wood patio, children's playground apparatus, and lively green lawn. Location is close to Maclay street, which is exploding with development. Close to shopping, schools, freeways, and in a safe neighborhood. Truly the perfect investment for families or investment. This is the ultimate duplex."
* PRICE INCREASED - $499,900 TO $500,000