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Listed by MISTY BRITTON • RIVERSIDE REAL ESTATE PROS
$ 933,000
Est. payment | /mo
1,260 SqFt
$ 933,000
Est. payment | /mo
1,260 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $740
MLS Listing ID CRIV24175899
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 10,019 Sqft
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
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry No Hookups
Building
Lot Description Corner Lot, Other
Water Public
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