1578 166th Ave, Ashland, CA 94578

Property Description

Over $9200 a month income (with laundry income)! Great Investment! Property is in Ashland (previously unincorporated San Leandro). Property not under the City of San Leandro’s new rent control. Property features a 3 bdr 1 bath home with a triplex in the rear. Each of the 3 units in the triplex are 2 bdr 1 bath. There is a basement that could be rented as storage or other possible uses. Newly replaced asphalt (completely replaced not overlayed) last year (around $24,000). Newly replaced Sewer lateral (around $14.000) with a 20 year inspection certificate (pipe itself should last 80 years). Passed SB721 stairs and walkway (elevated elements) inspection. Property is in an opportunity zone. All units have been updated. New 50 yr rated roof on front home and newer roof on triplex. 8 parking spaces. Home has a tankless water heater, and triplex has a new water heater. All stoves are electric. New right side fencing, partially new left side fencing, updated floors (with 2 floors installed this year), recently painted exterior, updated windows, easy to maintain landscaping and long term tenants. Tenant items in 3D video tour removed by AI for tenant privacy. Please see photos for actual images of units.