2 units with 2 different addresses: 1..2800 Devonshire Ave and 2..140 Dumbarton Ave on the same parcel. ---Great Location, Borderline Atherton and only 5 miles away to Stanford ( Shopping Center and University).------BUY AS AN OWNER OCCUPIED: With 20% Down payment, PITI = $4396/month ( - Rental Income 2115) = $2281 / month. The Rental Unit will pay for almost 50% of your Monthly mortgage payment . Your Net Cost of Living in the property = $1034 /month.---------BUY AS AN INVESTOR: 25% Down payment , Total rental Income = $ 2300 + $2115 = $4415. Your PITI = $4454 and start building $2000 / month equity immediately. + appreciation value in the life time of the loan. ACT NOW. IT'S A NO BRAINER.
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Listing courtesy of Ali Talab, (MLSL3-01299916), [Alliance Bay Realty].Based on information from CRMLS as 2020-09-20 01:33:13. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS and other Board Associations and is protected by applicable copyright laws. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.