$1,263,000

Property Details

Description

This rare dual-residence property offers a compelling blend of historic charm, modern infrastructure, and income-generating potential, all on one thoughtfully improved parcel. At the heart of the opportunity is a fully permitted, detached 2-bedroom, 2-bath accessory dwelling unit (ADU), a newly constructed, low-maintenance living space designed with both flexibility and quality in mind. With its own private entrance and modern layout, the ADU is ideally suited as a long- or short-term rental, in-law residence, guest retreat, or executive housing, offering immediate utility and ongoing income potential. Opportunities like this, where a newly built, fully permitted detached residence is paired with an upgraded primary home, are increasingly rare and highly sought after in today's market. The primary home, a character-rich Victorian, has been proactively upgraded where it matters most. During ownership, significant investments were made to modernize and stabilize core systems, providing peace of mind rarely found in homes of this era. Improvements include: Sewer line excavation and system upgrades, addressing one of the most critical infrastructure components Plumbing repairs and updates, including resolution of prior issues Electrical system improvements to address legacy conditions Permitted work completed with the city, ensuring transparency and long-term confidence In addition, the property has benefited from energy efficiency enhancements and professionally executed landscaping improvements, including irrigation and city-compliant park strip upgrades, further enhancing both functionality and curb appeal. The result is a property that offers the best of both worlds: the architectural character and warmth of a historic home, paired with the infrastructure reliability and income potential typically found in newer construction. Whether you're seeking a primary residence with built-in income, a multigenerational living solution, or a strategic investment with immediate cash flow capability, this property delivers a rare and highly versatile opportunity.