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Listed by Joe Morrison, DRE #01434414 • West Shores Realty, Inc.
$1,680,000
Est. payment /mo
0.42 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26103806
Style Bungalow
Year Built 1980
Lot Size 0.420 Acres
Source California Regional MLS
Property Description
Attention agents. Look forward to showing this spacious, nearly 1/2 an acre, (8) unit garden style apartment building. Two parking spaces in front of a single-story unit with a large rear yard area. Long-term tenants with a 7 1/4% cap return and additional upside. Most of tenants pay by direct deposit balance pays to dropbox in laundry room. These rents can be picked up when emptying building owned speed Queen Laundry machines. **($157,860 income yielding a 7.25% cap return on no deferred maintenance asset)** Within the last 4 to 6 years building has been ***re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water, heaters, shut offs, and hose bibs. ***PELLA dual glazed windows installed throughout*** Metal exterior entry doors and weatherstripping, jambs and hardware. *** raised panel interior doors with new farm style casing, baseboards, and trim. ***new closet, interiors with high low shelving and sliding mirror doors *** openable, and retractable window, blind coverings *** lockable mailboxes recently added. *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodels. *** over the range microwave, dishwashers gas oven/cooktop. *** new rear metal doors with openable window or blinds that opens to recently slurry co
Location
State CA
County Riverside
Area 251 - Jurupa Valley
Rooms
Kitchen Other, Oven Range - Gas, Oven Range - Built-In, Oven - Gas
Interior
Heating No Heating
Laundry In Laundry Room, Laundry Area, Other, Community Facility
Exterior
Parking Features Common Parking Area, Off-Street Parking, Other, Parking Area, Uncovered Parking
Garage Spaces 10.0
Pool None
View None
Roof Type 2
Building
Story One Story
Foundation Pillars / Posts / Piers, Raised, Concrete Block, Concrete Perimeter
Water District - Public
Architectural Style Bungalow
Others
Tax ID 179093020
Special Listing Condition Not Applicable
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