304 Desoto St

This true English Tudor home is a beautifully maintained residence in desirable midtown Los Robles, just minutes from government, universities and hospitals. There are 6,861 square feet with 6 bedrooms, 6 bathrooms and two elegant powder rooms. The quality construction cannot be equaled and replacement costs would exceed 2.5 million dollars. Hardwood floors grace all rooms, even bedrooms, and rare black gum paneling is featured in all sitting areas. The wood work is exquisite and all 5 wood burning fireplaces offer unmatched charm. The 2008 roof replacement is rated lifetime and four heating/air conditioning units serving 7 zones yield extremely low utility costs. The attractive exterior is mostly brick, with 3 inch thick stucco accents. The kitchen has many handcrafted wood cabinets with special corner cabinets, stainless steel warmer drawers, and an incomparable built in Sub Zero refrigerator. The home is built on lots 2 and 3 of a 4 lot site, providing 120 feet of street frontage. Lots 1 and 4 are available for separate purchase, if desired, and this would increase the street frontage to 240 feet. Trees galore and many mature shrubs create the quiet, private environment of an urban forest. A terrace level apartment of 1100 square feet has a private entrance, a second kitchen, and a full bathroom. Its rental would provide enough income to satisfy about $200,000 of mortgage debt. Aside from providing a magnificent residence to live in, there are substantial additional other income opportunities. At less that $175 per square foot for the home and lots 2 and 3, and a favorable property tax, this property is an exceptional buy.