1. California
  2. Danville
  3. 366 Ilo Lane
$1,799,000

366 Ilo Lane, Danville, CA 94526

  • Property Icon Duplex
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Great opportunity to live in Westside Danville with a short walk to the heart of downtown Danville. Possible to make 2 attached single level homes, both approximately 1200 sq. feet, all new exterior paint, large lot 12,632 sq. feet. If you occupy the beautiful move-in ready front unit 2 bedrooms, 1 bathroom, you can potentially subdivide the lot and sell the back unit separately under California SB 9. The state of CA has made this lot separation process easier because of the lack of housing. Contact the city of Danville, CA for all the requirements for SB 9. The front unit is light and bright with hardwood floors, 8 foot ceilings, arched doorways, new interior paint, and a large private backyard. The back unit is a 2 bedroom, 1.5 bath occupied by a good tenant who pays $36,000.00 per year ($3,000.00 a month with a month to month term) so that can help with your expenses. New flat top roof 11/2023. It is NOT in a high fire zone. Easy freeway access. For investors, the front unit always rents quickly and market rent is about $4,000.00 per month. City will allow another detached ADU with all non-owner occupancy.

Listing Status:
Active
Date Added:
June 13, 2025 at 05:00AM
Listing Office:
John S. Richards : 925-231-8104
Listing Agent:
J.R. Richards : 925-231-8104
MLS ID:
41101280
  • Appliances: Gas Water HeaterDryerWasher
  • Flooring: Wood
  • A/C:
  • Heating: Forced Air

This listing courtesy of J.R. Richards, John S. Richards

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Montair Elementary

300 Quinterra Ln, Danville, CA, 94526

Grades KG-5

0.59 miles away

D

Del Amigo High (Continuation)

189 Del Amigo Rd, Danville, CA, 94526

Grades 7-12

0.66 miles away

S

San Ramon High School

501 Danville Blvd, Danville, CA, 94526

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.