366 Ilo Lane new Save Request In-Person Tour Request Virtual Tour
Danville,CA 94526
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41101280
Year Built 1931
Lot Size 0.290 Acres
Property Sub-Type Duplex
Property Description
Great opportunity to live in Westside Danville with a short walk to the heart of downtown Danville. Possible to make 2 attached single level homes, both approximately 1200 sq. feet, all new exterior paint, large lot 12,632 sq. feet. If you occupy the beautiful move-in ready front unit 2 bedrooms, 1 bathroom, you can potentially subdivide the lot and sell the back unit separately under California SB 9. The state of CA has made this lot separation process easier because of the lack of housing. Contact the city of Danville, CA for all the requirements for SB 9. The front unit is light and bright with hardwood floors, 8 foot ceilings, arched doorways, new interior paint, and a large private backyard. The back unit is a 2 bedroom, 1.5 bath occupied by a good tenant who pays $36,000.00 per year ($3,000.00 a month with a month to month term) so that can help with your expenses. New flat top roof 11/2023. It is NOT in a high fire zone. Easy freeway access. For investors, the front unit always rents quickly and market rent is about $4,000.00 per month. City will allow another detached ADU with all non-owner occupancy.
Location
State CA
County Contra Costa
Interior
Heating Forced Air
Flooring Wood
Exterior
Parking Features Carport,On Street
Roof Type Tile
Building
Lot Description Back Yard,Sprinklers In Rear,Sprinklers In Front
Sewer Public Sewer
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional