An investment opportunity a "country mile wide". This 6 acre parcel comprises 4 acres of newly planted walnut trees, likely to produce a harvest in 1-2 years, a main residence (amid a stalled remodel) of 1702 SF and a full basement, and a 900 square-foot fully rentable guest cottage of 2 bedrooms and 1 bath, all fully fenced-in. Much of the value is in the land-lease for the walnut as well as rental income derived from the cottage. Combined annual income of approximately $40,000 is expected upon harvest. In addition the main residence could also be rehabilitated for additional income of perhaps $30,000/yearly; or, the main residence would be charming owners quarters where one could enjoy the farm life with zero the farm labor!
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Please call (650) 947-4700.
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