About 1011 Knowles Ave
Variance granted for 2-4 Units. TWO houses on ONE lot west of the freeway! Check out the adorable 2br/1ba 720sf house in front with permitted 2br/3ba 1,152sf ADU in back. The front house has a new kitchen, bathroom, flooring and paint and the back house was the owner's home with laundry room and private spa too. Walk-in closets, dishwashers, porches, skylights, fenced yards, and two-car garage with store room plus RV parking on a good-sized 9,506sf lot. No short-term rentals allowed either - this is quality lifestyle! Wait until you hear this bonus - the same package is for sale right next door too. You can buy this property with two houses, or buy both properties and get FOUR houses on TWO lots!! Your choice! Everyone worries about how their kids will afford a home. Get them started here with two homes on one lot west of the 5! Or how about multi-gen? Senior and their caregiver? Second home plus a rental? There are so many buyers for this 2-on-1 combo! One water meter and two gas and two electric meters. Comparable sales = 2850 Highland 2-unit teardown closed for $1,925,000 on June 22. Plus the two legal units in the barrio at 735-737 Pine with $11K/mo income closed in March for $2,492,000. Then consider that 157 Maple is two smaller units with total of 1,432sf and it closed for $2,600,000 in April. For a 4-unit comp, check 3048 Jefferson which is only 2,194sf and closed for $3,850,000 on May 14th. Our four houses are 3,600sf on two 9,000sf lots - and nice!
