Danville, CA 94526,366 Ilo Lane
Danville, CA 94526,366 Ilo Lane
Danville, CA 94526,366 Ilo Lane
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Listed by J.R. Richards • John S. Richards
$1,799,000
Est. payment /mo
2,370 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $759

MLS Listing ID 41101280

HOA Y/N No

Year Built 1931

Lot Size 0.290 Acres

Property Sub-Type Duplex

Source CONTRA COSTA

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

Cooling Central Air

Flooring Hardwood Flrs Throughout

Fireplace Yes

Appliance Dryer, Washer, Gas Water Heater

Laundry Dryer, Washer

Building

Lot Description Rectangular Lot, Sprinklers In Rear

Schools

School District San Ramon Valley (925) 552-5500


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agent

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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