About the Listing OC14129 - OCALLERON

Cash Flow Opportunity + ADU Plans | Investors, FHA & VA Buyers Welcome! Don’t miss out on this 4BR/3BA duplex, which offers stability and long-term growth potential. Featuring a 3BD/2BA front unit and a 1BD/1BA rear unit. Perfect for multi-generational living, investors seeking reliable income, or owner-occupants looking for an affordable way to offset their mortgage. Each unit provides natural light, open living areas, indoor laundry, and central A/C. Additional highlights include solar panels for energy efficiency, off-street parking, and a spacious lot. Most importantly, the seller has already submitted plans for a detached 2BD/1BA ADU. This future expansion potential provides the next owner with a valuable opportunity to add rental income or create additional living space without starting from scratch on plans or entitlements. Leverage this major advantage that adds significant value and positions the property for growth beyond the duplex structure. Currently, one unit is rented with guaranteed Section 8 income. (Buyer to verify occupancy at COE) Centrally located near shopping, dining, and commuter routes. This property delivers a combination of income, future expansion, and long-term equity building. Whether you are an investor seeking consistent returns or an FHA/VA buyer ready to step into ownership with income support, this duplex provides a rare opportunity to secure both cash flow today and expansion potential tomorrow

Listing Highlights for 347 E 61st St

Listing Location