|
Turnkey duplex opportunity in the El Dorado Estates area with strong rental upside and minimal rehab needed 
This multi-family (2-unit) property offers 1,608 sq ft total, with both units featuring 2 bedrooms, 1 bath layouts. The units are mirror images, making management and renovations straightforward.
Value-Add Potential:
Rents are significantly below market. Increasing to ~$1,200–$1,400 per unit creates strong cash flow and equity upside.
Mechanics:
- Roof — 8 years old

- Furnace — 13 years old (both units)

- A/C — 2 years old (one unit) / 13 years old (other)

- Water Heaters — 8 & 13 years

- Vinyl Windows

- Crawl space foundation
1-car attached garage
Large 17,903 sq ft lot
Tenants pay utilities (electric, gas, water)
With minimal rehab needed and significant rental upside, this property is ideal for investors looking to force appreciation through rent increases or stabilize a strong cash-flowing asset  
Recent Neighborhood Comps-
1247 S Runyon Rd – Sold for $415,000 | 8 DOM
4 Bed / 4 Bath
Sold May 2025
986 Rita Dr – Leased for $1,375/mo | 5 DOM
2 Bed / 1 Bath | 696 sq ft
Leased February 2026
1631 Lacebark Dr Unit F – Sold for $195,000
2 Bed / 2 Bath | 1,506 sq ft
Sold October 2025
1081 Rita Dr – Sold for $201,000 | 2 DOM
2 Bed / 1 Bath | 725 sq ft
Sold September 2025
3226 Stella Dr – Sold for $166,000 | 4 DOM
2 Bed / 1 Bath | 1,004 sq ft
Sold October 2023
1069 Rita Dr – Sold for $197,000 | 1 DOM
3 Bed / 1 Bath | 1,004 sq ft
Sold August 2024
|