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Listed by J.R. Richards • John S. Richards
$1,799,000
Est. payment /mo
4 Beds
3 Baths
2,370 SqFt
New
366 Ilo Lane Danville, CA 94526
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $759
MLS Listing ID 01-41101281
Style Contemporary
Bedrooms 4
Full Baths 2
Half Baths 1
Year Built 1931
Lot Size 0.290 Acres
Property Sub-Type Single Family Residence
Property Description
Great opportunity to live in Westside Danville with a short walk to the heart of downtown Danville. Possibility for 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. per year ($3,000. 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 per month. City will allow another detached ADU with all non-owner occupancy.
Location
State CA
County Contra Costa
Interior
Interior Features Remodeled Kitchen, Tile Counters
Heating Forced Air
Cooling Central Air
Flooring Wood
Laundry Dryer Included, Washer Included
Exterior
Parking Features Carport
Pool None
Building
Lot Description Sprinklers, Cul-De-Sac, Front Yard, Sprinklers In Front, Sprinklers In Rear, Back Yard
Sewer Public Sewer