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$ 933,000
Est. payment | /mo
4 Beds
1,260 SqFt
$ 933,000
Est. payment | /mo
4 Beds
1,260 SqFt
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $740
MLS Listing ID CRIV24175899
Bedrooms 4
HOA Y/N No
Year Built 1953
Lot Size 10,019 Sqft
Acres 0.23
Property Description
Pride of ownership but priced like a fixer. Discover a lucrative opportunity with these four single-family detached homes, ideally positioned on a spacious corner lot with room to add an additional home—perfect for future expansion and increased rental income. Each home offers a functional, modern design with an open-concept living area, a sleek kitchen, one bedroom, and a well-appointed bathroom featuring a tiled shower. Occupancy Details: Units 2, 3, and 5 are tenant-occupied; Unit 4 is available for showings. There is no Unit 1. Please do not disturb tenants. Investor Highlights: Professionally managed. Turnkey Condition: Remodeled in 2022, minimizing immediate maintenance needs. Income Flexibility: Maximize cash flow by renting all four homes, go owner-occupied utilizing a small down payment, or add additional units for added revenue. Utility Arrangements: Tenants pay for electricity, trash, and sewer, owner covers water and gas (gas limited to hot water heaters only). Scalable Investment: Tiny home community. This property is an outstanding investment, offering solid rental income today and substantial growth potential for the future.
Location
State CA
County Riverside
Area Listing
Zoning R106
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry No Hookups
Building
Lot Description Corner Lot, Other
New Construction No
Others
Tax ID 147071015
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Listed by MISTY BRITTON • RIVERSIDE REAL ESTATE PROS
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AnnMarie Barajas
Partner | Lic# DRE# 01898810