REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,980,000

Est. payment - /mo

10,454 Sqft Lot

Save

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID OC26103800

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1981

Annual Tax Amount $30,000

Lot Size 10,454 Sqft

Property Sub-Type Mixed Use

Property Description

Unique offering of a 14 unit turn key asset with long-term tenants and a current cap rate of 7.25%! No deferred maintenance! (80%) of tenants pay by direct deposit and balance of tenants pay via dropbox in laundry room. Balance of rents are picked up when emptying building owned Speed Queen washers & Dryers. *($293,160 income with a 7.25% cap rate on a no deferred maintenance 14 Plex)* and, within the last 4 to 6 years:

*** building re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water heater, circulating pump, shut offs, and hose bibs.
*** PELLA dual glazed windows installed throughout
*** exterior entry doors and weatherstripping, jambs and hardware
*** raised panel interior doors with new farm style casing, baseboards casings and trim
*** new closet, interiors, high low shelving, and mirror doors
*** retractable, and openable window blinds
*** solid wood kitchen cabinets with full extension drawer glides/pantries/remodel
*** over the range microwave, dishwashers, gas oven/cooktop new installation
*** all deck areas continuously maintained, and recently re-coated
*** electrical panels upgraded, child proof Decora plugs, new GFI‘s, new smoke detectors, CO2 protectors with installation of LED lighting
*** outside lighting, including new sconces, new parking lot, lighting, and LED lighting on light sensor
*** all roof area, continuously maintained and recently recoated in an Elastimeric product
*** painting of exterior building, handrails, and wrought fencing/gates
*** parking area recently slurry coated, and re-striped. Required handicap parking in place.
*** avocado, and citrus trees are available for tenants enjoyment
The lot that this 14 Plex is on is 10,454 ft.² with a 6424 square-foot dwelling built in 1981. Also available is adjacent 11,326 ft.² lot, MLS OC26103800 with an 8 x 16 storage container on site. Combined these lots total 1/2 acre and per Edgar, at the Jurupa Valley building department, these lots combined could allow for eight additional dwelling units, (8-ADU's). Do your own due diligence on how to develop this property further.

Location

State CA

County Riverside

Area 251 - Jurupa Valley

Interior

Interior Features Block Walls

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater

Laundry Common Area, Laundry Room

Exterior

Parking Features Asphalt, On Site, Private, One Space, Unassigned

Fence Block, Wrought Iron

Pool None

Community Features Curbs, Dog Park, Foothills, Hiking, Horse Trails, Park, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

View Y/N No

View None

Roof Type Reflective,Synthetic

Accessibility Parking

Total Parking Spaces 16

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 181043011

Acceptable Financing Cash to New Loan, Owner May Carry

Listing Terms Cash to New Loan, Owner May Carry

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Joe Morrison West Shores Realty, Inc. 949-933-5486, DRE #01434414

Nearby School & Business

Get More Information

Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

Quick Search

5746 Tilton Jurupa Valley, CA 92509

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information