
Palermo, California 95968
This Turnkey Multi-Unit Property is a Strong Value Opportunity, listed at $355,000—positioned above the $313,673 Fair Market Value. While priced slightly above market, the property offers exceptional utility through its Detached ADU, Owned Solar, and High-Efficiency HVAC. With a Condition Rating of 2, this move-in ready asset features a modern kitchen and extensive outdoor amenities, including a hot tub and RV parking. This versatile property is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a flexible, high-utility living arrangement.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2640 Williams Avenue Subject | $349,000* List Price | 2 | 2 | 1,160 | $269 | - |
A 1911 Baldwin Avenue Sold | $281,523 | 3 | 2 | 1,120 | $251 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1989, the property has undergone extensive recent renovations (likely <5 years) including a modern kitchen with quartz counters and stainless appliances, updated bathrooms with a waterfall shower, and high-efficiency systems like ductless HVAC and owned solar. The presence of a detached ADU and meticulous maintenance makes it move-in ready with no immediate maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12196, living area = 1160.
The inclusion of a detached 2-bedroom, 1-bathroom ADU provides exceptional value, offering potential for rental income, guest housing, or multi-generational living arrangements.
The property features owned solar panels and efficient ductless heating and air conditioning, significantly reducing utility costs while providing modern climate control.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1160, other record living area = 672.
With the main residence measuring only 1,160 square feet, the interior may feel restrictive for buyers prioritizing large open-concept living areas or spacious secondary rooms.
Built in 1989, the property may have aging underlying systems or structural components that could require more maintenance compared to newer builds, despite recent cosmetic updates.
Welcome to this beautifully maintained property offering a charming updated 2bedroom 2bath main residence plus a detached 2bed 1ba ADU !! There are so many extras with this property it is just a must see place.....Low maintenance front yard with timed drip/sprinkler system, covered full hookup RV parking area, large storage/workshop. Lots of parking and large carport. The main home features an inviting floor plan with a Beautiful updated kitchen, indoor laundry and spacious bedrooms. The primary bedroom won't disappoint with its large walk in closet that includes extra storage cabinets, 2 built in Jewelry storage boxes and built in ironing board. Also a sliding door out to the gorgeous back covered patio. Beautiful walk in shower with waterfall shower head. Enjoy year round comfort with efficient ductless heating and air conditioning AND the added benefit of Owned Solar !! The kitchen is enhanced with beautiful updated appliances. How nice it is to have indoor laundry !! The washer and dryer are included along with extra storage cabinet and folding table. Step outside to your gorgeous covered patio perfect for Movie Night entertaining with the Outdoor projector screen and projector included. There is a separate beautifully covered Hot Tub area too. ALSO YOU NEED TO SEE THE ADU....2 bed 1ba.... It could be perfect for your needs now or in the future .... Both bedrooms have ductless H/A. ...There's More !!... So call your favorite Realtor today for an appointment to view all this property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 5.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,160 | 2,100 |
| Lot Size | 12,196.8 | 11,326 |
| Price | $349.0K | $346.6K |
| Price per sq ft | $301 | $211 |
| Built year | 1989 | 1946 |
| HOA | $0 | $0 |
| Days on market | 39 | 113 |
Jul 16, 2026
$349,000
$355,000
-2% Price Drop
Initial Listing
Jun 13, 2026
$355,000
Initial Listing
May 11, 2000
$45,000
Public Record