Turn Key can mean a lot of things to different people, I've seen "turn-key" with what appears to be the original, 50's era kitchen and bath.

In a lower price market, say 6 cap for ease of example that same half bath may only net $50/month, $600/year at 6 cap is $10k of added value.  

In California hoards of poor and dirty Homeless people live in the streets with no stable employment some getting some form of welfare and many just begging.This is such a problem.....

On one side, there's a 5-bedroom, 3-bath home spanning 2,105 sqft (total lot: 0.40 acre), valued at approximately $341K.

Example123 Main Street 05 Advertising 06 Auto & Travel 07 Cleaning and Maintenance 08 Commissions 09 Insurance 10 Legal & Professional fees 11.

The owner shall provide one off-street parking space for every four (4) persons of occupancy.

First because reviews don’t transfer the buyer could set up the identical home across the street.

And deals are like street cars there is always another one on the next corner.For those who have access to capital then its deals.As a Capital Partner / JV money partner .

That street/area does not have a great reputation. 

The property is a double lot and 3 bed 3 bath, but my thinking is it is rare to have the chance to own 3 lots in a Downtown area that is quickly being converted into townhome and higher density living.