Thank you
Kristina Sanders
Signature Real Estate Group
951-445-4200
Great 4-unit income investment property with an income producing storage yard and a 2-car garage on a 1.38 acre parcel. The location is quiet, up on a hill and has amazing panoramic views of mountains and hills. All units are rented with established tenants. 60k owned ground mounted solar system installed a few years ago. Each unit has a sub-meter to track energy use. Tenants pay for any usage over what the solar produces. Paved parking galore. Multiple RVs, boats, vehicles and toys can be parked there. Well water with 2 new 5000 gallon water tanks and a subterranean well-pump system recently installed. One unit had some upgrades in 2019, and another unit had some upgraded in 2017. All units have washer and dryer hook-ups and heating and air. Two septic systems on property. One structure just recently had the water heater replaced. Storage yard and units have securable fencing. Property is fully fenced. Rural residential zoning. Cash or 1031 exchange only.
Sell a home like this and save $43,241 Find Out How
Water Source : Well
Sewer : Septic Tank
Interior Features: All Bedrooms Down
Year Built: 1973
Building Area Total: 3,144
None
Washer Hookup,Inside,Outside,Propane Dryer Hookup,See Remarks
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 1.38
Lot Size Source: Assessor
Lot Size Square Feet: 60113
Original List Price: 729,000
Listing Contract Date: 2024-04-05
Listing Agreement: Exclusive Right To Sell
Parcel Number: 362280013
Annual Tax: 7581
Garage Description: Attached Carport,RV Gated,RV Access/Parking,Storage
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity
Source Listing Status: Active
Source Neighborhood: SRCAR - Southwest Riverside County
Postal Code Plus 4: 9777
Directions: Near Bundy Canyon, off Scott and Wright Rd, up the hill.
Zoning: R-A-2 1/2
Source Property Type: Residential Income
Area: SRCAR - Southwest Riverside County
Property SubType: Manufactured On Land
Property Age: 51
Common Walls: 1 Common Wall
Structure Type: Manufactured On Land
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
26120 Keller, Menifee, CA,92584 | $190,000 | -- | -- | -- | 88427 Sqft |
Haun Rd, Menifee, CA,92584 | $2,550,000 | -- | -- | -- | 206910 Sqft |
Holland Road, Menifee, CA,92584 | $2,500,000 | -- | -- | -- | 435600 Sqft |
Holland Road, Menifee, CA,92584 | $550,000 | -- | -- | -- | 170755.2 Sqft |
Holland Road, Menifee, CA,92584 | $395,000 | -- | -- | -- | 90604.8 Sqft |
Loretta Road, Menifee, CA,92584 | $469,000 | -- | -- | -- | 215622 Sqft |
Wright Road, Menifee, CA,92584 | $200,000 | -- | -- | -- | 434293.2 Sqft |
29409 Sugar Court, Menifee, CA,92584 | $179,000 | -- | -- | -- | 216057 Sqft |
Holland/canyon Hills Rd, Menifee, CA,92584 | $350,000 | -- | -- | -- | 435600 Sqft |
Scott Road, Menifee, CA,92584 | $1,350,000 | -- | -- | -- | 870329 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 05/14/2024 @ 15:30
MLS: SW24067496
LISTED BY: Kristina Sanders, Signature Real Estate Group
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.