Property Description
Exceptional income-producing opportunity on an approximately 23,000 sq. ft. flat corner lot featuring two separate 2 bedroom, 1 bath homes with strong rental and future development potential. This versatile property is ideal for investors seeking multiple income streams, multigenerational rental setups, or owner-occupants looking to offset expenses with substantial rental revenue. In addition to the two homes, the property includes an extra-large barn (square footage to be provided) offering excellent potential for additional income through vehicle storage, contractor storage, warehouse-style use, hobby space rentals, or business-related storage opportunities. A large powered workshop adds even more flexibility for tenant use, business operations, or supplemental rental possibilities. Extensive exterior parking creates added value for tenants, contractors, RV storage, work trucks, trailers, or equipment parking. The oversized corner lot may also provide future expansion or additional ADU development opportunities for increased cash flow and long-term appreciation (buyer to verify with local agencies). Conveniently located near shopping, restaurants, local businesses, and commuter routes, enhancing tenant demand and long-term investment stability. Located within the San Lorenzo School District. A rare chance to acquire a flexible, high-potential property with multiple avenues for immediate and future income generation.
Overview
Property Type
Multi-family
Location
1086 Delano St, San Lorenzo, CA 94580
MLS ID
41134143
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
0
Flooring
Laminate, Carpet
Exterior
Water Source
Public
Roof
Composition Shingles
Lot Features
Level
Parking
Garage, Side Yard Access, On Street
Heat Type
Floor Furnace
Air Conditioning
No Air Conditioning
Sewer
Public Sewer
Other Exterior Features
Back Yard, Front Yard
Details
Financial
Price
$1,850,000
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