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… Read More 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. Read Less
Property listed by RIVERSIDE REAL ESTATE PROS, MISTY BOEHMER 951-529-1762
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Lot Size
0.23 Acres
Year Built
1953
MLS Number
IV24175899
30 Days Snapshot Of 92503
$696k
+7%
(avg) sold price
46
+15%
homes sold
80
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
ElectricOven, ElectricRange
Building
Built in 1953, Building area total: 1,260, Levels: One, 1 story, 4 buildings, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
