22263 I St
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22263 I St

Santa Margarita, CA 93453

$850,000
4beds
2baths
2,022sqft
7,500sf lot

Investment or house-hacking opportunity; live in one and rent the other! Charming single-level duplex in Santa Margarita with (2) 2-Bed, 1Bath units containing just over 1,000sf each. The duplex was built in 1983 and sits on a 7,500sf parcel with many recent updates. Each unit has a separate driveway, large enclosed yard plus patio space for entertaining. Unit A has a 1-car garage and Unit B has a carport. The interiors are mirror images with a cozy living room, lounge area by the fireplace, spacious bedrooms and full size baths. The kitchen is open to the dining area and offers quartz counters and breakfast bar seating. Each unit has a newer mini split AC/heat pump to stay cool on hot summer days. Unit A includes a stacking W/D in the hallway, while Unit B has laundry hookups ready for use. Other recent updates includes a replaced roof, rain gutters, dual pane windows, exterior paint, window blinds and more. Each unit is currently leased for $1,850/mo. Market rent is estimated at $2,200-$2,500/mo. Don’t miss this great opportunity for investment or for a buyer who wants to live in one side and cover part of the mortgage with the adjacent rental income.

22263 I St
Santa Margarita, CA 93453
Graham Updegrove
California Coastal Real Estate
(805) 459-1865
01873454
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