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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,680,000

Est. payment - /mo

4 Beds

4 Baths

0.42 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26103806

Bedrooms 4

Lot Size 0.420 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Attention agents Look forward to showing this spacious, nearly 1/2 an acre, (8) unit garden style apartment building. Two parking spaces in front of a single-story unit with a large rear yard area. Long-term tenants with a 7 1/4% cap return and additional upside. Most of tenants pay by direct deposit balance pays to dropbox in laundry room. These rents can be picked up when emptying building owned speed Queen Laundry machines. **($157,860 income yielding a 7.25% cap return on no deferred maintenance asset)** Within the last 4 to 6 years building has been ***re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water, heaters, shut offs, and hose bibs. ***PELLA dual glazed windows installed throughout*** Metal exterior entry doors and weatherstripping, jambs and hardware. *** raised panel interior doors with new farm style casing, baseboards, and trim. ***new closet, interiors with high low shelving and sliding mirror doors *** openable, and retractable window, blind coverings *** lockable mailboxes recently added. *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodels. *** over the range microwave, dishwashers gas oven/cooktop. *** new rear metal doors with openable window or blinds that opens to recently slurry coated patio area and new wood fencing. *** electrical sub-panels upgraded, new childproof Decora plugs, GFIs and LED fixtures. ***Exterior of building, porches, handrails, and wrought iron fencing recently painted. Entire parking lot area was recently slurry coated, and re-striped. Avocado and citrus trees are the

Location

State CA

County Riverside

Community Horse Trails

Zoning Assessor

Direction 60 freeway to off at Rubadue Blvd., West two building on right hand side

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 179093020

Acceptable Financing Seller May Carry

Listing Terms Seller May Carry

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Listed by Joe Morrison, DRE#01434414 West Shores Realty, Inc.

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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3295 Rubidoux Jurupa Valley, CA 92509