1040 El Toro Drive,  Hollister CA, 95023 (Residential Income)

1,940 sqft
Status: Active
MLS#: ML81579445
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Last Updated: 12/6/2016 11:29 AM
Description for 1040 El Toro Drive Hollister, CA 95023
You won't see much outside the ordinary if you walk along El Toro Dr in Hollister, but hidden in your midst is a one of a kind property! Visualize a charming western village. What if I told you there was one tucked away in the back half of this property. This unbelievable setting is complete with bungalows, a cookhouse, outhouses, a small fish pond & so much character! That isn't the only thing the property has to offer. There are 4 units on just under an acre of land-a duplex with a 3 bedroom & a 2 bedroom, a one bedroom house & a studio. (That's an average of only $308,750/unit). All homes share a beautiful courtyard to enjoy! This gem would be great instant cash flow for an investor. All units are currently rented. Plus it maybe possible to build more housing on the lot (we encourage interested buyers to check with the city about annexing the lot in to the city & building more). Not an investor? Live in one & rent the others to help pay the mortgage. So many possibilities!
Price
$1,235,000
San Benito
1,940 (approx)
ML81579445
Active
Description
You won't see much outside the ordinary if you walk along El Toro Dr in Hollister, but hidden in your midst is a one of a kind property! Visualize a charming western village. What if I told you there was one tucked away in the back half of this property. This unbelievable setting is complete with bungalows, a cookhouse, outhouses, a small fish pond & so much character! That isn't the only thing the property has to offer. There are 4 units on just under an acre of land-a duplex with a 3 bedroom & a 2 bedroom, a one bedroom house & a studio. (That's an average of only $308,750/unit). All homes share a beautiful courtyard to enjoy! This gem would be great instant cash flow for an investor. All units are currently rented. Plus it maybe possible to build more housing on the lot (we encourage interested buyers to check with the city about annexing the lot in to the city & building more). Not an investor? Live in one & rent the others to help pay the mortgage. So many possibilities!
Listing Information
Property Type: Cluster, Ranch, Spanish
94.33 Acres 4,108,800 sq.ft. 1,940 (approx)
$636.6 1947
Yes- 2 spaces
Concrete Perimeter
Water Heater Solar
4 Total
Neighborhood
Room Information
Interior Features
Electric Range/Cooktop, Gas Range/Cooktop, Microwave, Exhaust Fan/Hood, Grill Built-in, Dishwasher, Refrigerator, Range Hood, Self-Cleaning Oven
Hardwood
Wood
High Ceiling
Exterior / Lot Features
2 Garage Spaces, 4 Parking Spaces, Handicap Parking
Tile
Desert View, Catalina Island View
RR
BBQ, Kennel, Satellite dish, Exterior Lighting, Rain Gutters, Pond
Financial Considerations
020-130-034
$71,500
Listing Price History

Hollister Real Estate

Hollister is located in California. Hollister, California 95023 has a population of 35,140.

The median household income in Hollister, California 95023 is $60,750. The median household income for the surrounding county is $63,939 compared to the national median of $53,046. The median age of people living in Hollister 95023 is 31.7 years.

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Courtesy: Four Corners Real Estate Group camrmls
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Information is deemed reliable but is not guaranteed.

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