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$ 465,000
Est. payment | /mo
3 Beds
2 Baths
8,712 Sqft Lot
$ 465,000
Est. payment | /mo
3 Beds
2 Baths
8,712 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26212381
Bedrooms 3
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
INVESTORS & OWNER-OCCUPANTS-DONT MISS THIS UNIQUE OPPORTUNITY! Located in the city of Cherry Valley known for its beautiful rolling hills, the Lavender Festival, Bogart Park, and Oak Glen apple country, this turnkey property offers approximately 1,325 sq. ft. of combined space with multiple living areas, rental income, and plenty of flexibility on a spacious 8,712 square feet lot. Whether youre looking for an income-producing property, multigenerational living, or the opportunity to live in one space and rent the other, this property offers plenty of possibilities. The front home offers approximately 825 sq. ft. with 2 bedrooms and 1 bathroom. The property also features an approximately 500 sq. ft. detached rear living area with 1 bedroom and 1 bathroom. The generous 8,712 square feet lot offers plenty of space for RV parking, potential for an ADU, or your own fruit and vegetable garden. Both spaces are currently occupied by stable, ON-TIME PAYING TENANTS, providing IMMEDIATE RENTAL INCOME. The front home features updated kitchen, spacious bedrooms, and central A/C. The rear living area was extensively remodeled in 2023 and features a new kitchen with quartz countertops and cabinetry, new split A/C units and heat pump, water-resistant laminate flooring, and an upgraded electrical panel. A separate workshop offers an exciting opportunity for a home office, additional living space, or additional storage. Income today, flexibility for tomorrow, and plenty of room to make it your own! All information is deemed reliable but not guaranteed. Buyer and buyers agent are advised to i
Location
State CA
County Riverside
Community Horse Trails
Zoning Assessor
Direction Go on I-10 E. Exit 90 for Cherry Valley Blvd. Turn left onto Cherry Valley Blvd and follow it east for 1.2 miles. Turn right ont
Interior
Cooling Central Forced Air, Other/Remarks
Fireplace No
Exterior
Utilities Available Septic Installed
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 403190002
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Listed by William Leong, DRE#00991206 WiseChoice Real Properties
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