$1,325,000
$1,299,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
10,019 Sqft Lot
SOLD DATE : 07/16/2024
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW24111311
Sold Date 07/16/24
Bedrooms 8
HOA Fees $60/mo
HOA Y/N Yes
Lot Size 10,019 Sqft
Property Description
Experience pride of ownership and meticulous attention to detail in this well-maintained and upgraded investment property. This four-unit complex features uniform layouts, each with 2 bedrooms, an enclosed den/office (which can serve as a third bedroom), and 2 full bathrooms, including en suite baths in the primary bedrooms. Each unit comes with a fully enclosed single-car garage for parking and storage, plus a reserved parking space. The downstairs units boast spacious backyards complete with patios, lawns, and planters, all maintained by a sprinkler or drip system. The upstairs units offer covered balconies with scenic greenbelt views. Every unit features recently upgraded kitchens, including cabinets, countertops, dishwashers, stoves, garbage disposals, sinks, and faucets. Additional recent upgrades include new flooring. The property is equipped with central heating and air conditioning. Utilities are individually metered for natural gas and electricity. Located centrally near schools, shopping, and both the 15 and 215 freeways, this property is fully rented with long-term tenants, and rents are current. There is potential to increase rents to market value.The seller is willing to cooperate with a buyer's 1031 exchange.This is a great opportunity to own a turnkey, income-producing property!
Experience pride of ownership and meticulous attention to detail in this well-maintained and upgraded investment property. This four-unit complex features uniform layouts, each with 2 bedrooms, an enclosed den/office (which can serve as a third bedroom), and 2 full bathrooms, including en suite baths in the primary bedrooms. Each unit comes with a fully enclosed single-car garage for parking and storage, plus a reserved parking space. The downstairs units boast spacious backyards complete with patios, lawns, and planters, all maintained by a sprinkler or drip system. The upstairs units offer covered balconies with scenic greenbelt views. Every unit features recently upgraded kitchens, including cabinets, countertops, dishwashers, stoves, garbage disposals, sinks, and faucets. Additional recent upgrades include new flooring. The property is equipped with central heating and air conditioning. Utilities are individually metered for natural gas and electricity. Located centrally near schools, shopping, and both the 15 and 215 freeways, this property is fully rented with long-term tenants, and rents are current. There is potential to increase rents to market value.The seller is willing to cooperate with a buyer's 1031 exchange.This is a great opportunity to own a turnkey, income-producing property!
Location
State CA
County Riverside
Area Riv Cty-Murrieta (92563)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
HOA Name Vista Del Lago
Monthly Total Fees $106
Space Rent $1,700
Financing Cash
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Bought with Kathleen Blair • Pacific Sotheby's Int'l Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "