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Sandra Acra

sandraacra@gmail.com +1(858) 519-2019

$ 465,000

Est. payment | -/mo

3 Beds

2 Baths

8,712 Sqft Lot

Save

$ 465,000

Est. payment | -/mo

Save

3 Beds

2 Baths

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID TR26212381

Bedrooms 3

Lot Size 8,712 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

INVESTORS-EARN GREAT RETURN/CAP RATE. STRONG CASH FLOW. GET IMMEDIATE RENTAL INCOME OF $3,045 gross monthly income from stable, ON-TIME PAYING TENANTS that never missed a payment in 2+ years. Located in a great neighborhood in Cherry Valley at the end of a quiet street. This TURNKEY property offers a front home with 2 bed + 1 bath (825 sq feet), and the detached back home has 1 bed + 1 bath (~500 sq ft). The total area from both homes is ~1,325 sq ft on a spacious 8,712 square feet lot with potential for an ADU and plenty of space for RV parking. The front home features an updated kitchen, spacious bedrooms, and central A/C. The rear home was extensively remodeled in 2023 and features a new kitchen with quartz countertops and cabinetry, new split A/C units and heat pump, water-resistant laminate flooring, and an upgraded electrical panel. Income today, flexibility for tomorrow, and plenty of room to make it your own! All information is deemed reliable but not guaranteed. Buyer and buyers agent are advised to independently verify all information, including square footage, permitted use, zoning, building permits, and potential uses with the appropriate government authorities.

Location

State CA

County Riverside

Community Horse Trails

Zoning Assessor

Direction Go on I-10 E. Exit 90 for Cherry Valley Blvd. Turn left onto Cherry Valley Blvd and follow it east for 1.2 miles. Turn right ont

Interior

Cooling Central Forced Air, Other/Remarks

Fireplace No

Exterior

Utilities Available Septic Installed

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 403190002

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

Listed by William Leong, DRE#00991206 WiseChoice Real Properties

Schools and Properties Nearby

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+1(858) 519-2019

sandraacra@gmail.com

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10878 Crowther Lane Cherry Valley, CA 92223