5br - 3765ft² - Use Your Pocket Equity As a Down Payment (Greenhaven )
5BR / 4.5Ba 3765ft2 duplex
w/d hookups attached garage
Elderly owner is a licensed California Real Estate Broker (#00239384) familiar with real estate exchanging. Exchanging equity for equity can be beneficial to both parties in the exchange. A Buyer with a substantial house equity can use their "dormant" equity to up size in the purchase of the duplex, receive supplemental income and also other benefits of ownership. The Seller seeks to down size to another residence in the Greenhaven Pocket Didion School attendance area and also seeks to complete an IRS 1031 Tax Deferred Exchange of equity on the rental side of the duplex into a suitable replacement rental property.
The "Owner occupant side of the duplex has over 2,200 square feet. It has 3 bedrooms, 2 bath rooms, a tiled entry way, an open cathedral ceiling leading to an atrium and a step down living room. It has a kitchen with an eating area and a formal dining room that overlooks a backyard covered patio and an in ground solar heated swimming pool. There are lots of cabinets and storage, a pantry and three car garage.
The spacious rental side has two levels: the upper level has 2 bedrooms and 2 bathrooms; the lower level has a tiled entryway, living room, dining room, kitchen, laundry room, 1/2 bath and a two car garage.
Drive by the property and neighborhood. Please do not disturb owner or tenant. Ask for more information by using Craig's list "Reply" procedures; share information on your property. Only "Prequalified" Buyers will be scheduled to view the living spaces of the duplex. Thank you, Dale J. Sr.
- do NOT contact me with unsolicited services or offers