If you are looking for the smartest, most economical way to own a home in Toluca Lake, this property is the way to go! 10806-10808 Sarah St is made up of a charming front building containing 2 units (ideal for owner occupying), plus a brand new construction freestanding ADU that is rented for an outstanding $3,200! Live in the front unit (or units) while collecting rent from the back tenants to cover a huge chunk of your mortgage! Or rent out the whole thing for the best return you'll find in Toluca Lake. 10806 Sarah features a front duplex containing two fully renovated 1 bedroom, 1 bathroom units and a detached ADU that is 1 bedroom, 1 bathroom. Additionally, there is a garage that boasts potential to be converted into a 1 bedroom ADU (see photos for floorplans). With an ADU added, we are projecting the value of the property to jump up by $400,000, if not more! Enjoy other notable perks including: stainless steel appliances in the front units (owner will be adding), a large landscaped front yard, washers and dryer hook ups in all units, brand new solar panels for the ADU, well-designed open floor plans, 10ft vaulted ceilings, a brand new electrical panel, separate meters for all utilities (owner pays no utility costs!), and extreme desirability amongst renters for years to come! With a major lack of new construction and renovated inventory under $2 million, this property is priced to sell fast at $1,315,000! Between the lack of inventory, charming residential neighborhood, and the major upside potential, this is an ideal newer construction property to act on ASAP!
If you are looking for the smartest, most economical way to own a home in Toluca Lake, this property is the way to go! 10806-10808 Sarah St is made up of a charming front building containing 2 units (ideal for owner occupying), plus a brand new construction freestanding ADU that is rented for an outstanding $3,200! Live in the front unit (or units) while collecting rent from the back tenants to cover a huge chunk of your mortgage! Or rent out the whole thing for the best return you'll find in Toluca Lake. 10806 Sarah features a front duplex containing two fully renovated 1 bedroom, 1 bathroom units and a detached ADU that is 1 bedroom, 1 bathroom. Additionally, there is a garage that boasts potential to be converted into a 1 bedroom ADU (see photos for floorplans). With an ADU added, we are projecting the value of the property to jump up by $400,000, if not more! Enjoy other notable perks including: stainless steel appliances in the front units (owner will be adding), a large landscaped front yard, washers and dryer hook ups in all units, brand new solar panels for the ADU, well-designed open floor plans, 10ft vaulted ceilings, a brand new electrical panel, separate meters for all utilities (owner pays no utility costs!), and extreme desirability amongst renters for years to come! With a major lack of new construction and renovated inventory under $2 million, this property is priced to sell fast at $1,315,000! Between the lack of inventory, charming residential neighborhood, and the major upside potential, this is an ideal newer construction property to act on ASAP!