29272 Bouquet Canyon Rd, Saugus, CA 91390

Property Description

This unique property offers a rare combination of features that make it an attractive investment opportunity. Nestled on a sprawling 3.9 acres of land, the property boasts two distinct living units, each promising a blend of comfort and potential. The front unit, encompassing 714 square feet, is a cozy space that, while in need of some TLC. It's distinctively equipped with ventilation for central air, adding to its appeal. The rear unit, an unpermitted but equally livable space of an estimated 600 square feet, currently houses occupants, testifying to its immediate usability. One of the property's standout features is its impressive rental income potential. With each unit capable of fetching around $2,200 when in livable condition whereby the annual projected rent is approximately $52,000, a significant return on investment. Adding to the charm and functionality of the estate are two horse stables, catering to equestrian enthusiasts or those seeking a touch of rural living. The property's self-sufficiency is further enhanced by a well water system, complete with a covering shed that doubles as a workshop, and a reliable septic system. The electrical needs are well-catered for with an on-grid setup, inclusive of a panel and subpanel that serve both units. Moreover, the property's elevated position over much of the surrounding land not only provides a commanding view but also offers a sense of exclusivity and privacy. This property, with its combination of livable units, income potential, ample land, and unique features, presents a compelling option for investors or those seeking a blend of rural charm and practical living.