This property in Piedmont, California, offers a potential monthly rental revenue ranging from $5.25K to $7K, based on the area's average rent for comparable properties. Given Piedmont's desirable location and high demand in the rental market, a payback period could be relatively short, assuming full occupancy and minimal vacancy. The property features, such as a mid-century style, updated kitchen, and stunning views, enhance its rental potential, albeit with the challenge of being a single-family unit rather than multi-family.
To increase the property's rental value, consider modernizing the interior further or adding eco-friendly amenities, which are highly attractive to today's renters. If the current owner is contemplating selling, they might capitalize on the active market by highlighting the property's unique views and proximity to highly-rated schools and amenities, appealing to both investors and families.