$335,000
$368,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 12/01/2020
Key Details
Sold Price $335,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV20108015
Sold Date 12/01/20
HOA Y/N No
Year Built 1952
Lot Size 0.260 Acres
Property Description
"Discounted Income Units" now zoned "Commercial" !!! A previous owner paid $400,000... This Widow must sell ASAP. One unit is a 2 bedroom 1 bath with a long time tenant benefiting for low rents. A new tenant has offered to pay $1500 monthly for a lease. But the owner just wants to sell now. The other unit is a "free standing office" with a bathroom. It is currently leased to a successful business... This parcel is over a flat 1/4 acre with commercial zoning. The owner has positive cash flow but now has overseas missions for her church and just wants to sell. She is a "motivated seller" and will give a PRICE DISCOUNT for an "all cash sale" and a short escrow... MAKE OFFER !!! We have had several low offers and are currently working with a buyer prospect who is trying to get his loan approved first. As of today the units are still available... These units are directly in the path of growth in this booming area and just 1 mile to the 10 Freeway offramp. There is a newer shopping center at the corner (see pictures). Just down the street is a huge senior apartment complex that was just completed. That had a waiting list for occupancy before completion (see last picture). You can buy now with the the existing rental income while you developer the commercial and retail potential of the property !!!
Location
State CA
County Riverside
Area 269 - Yucaipa/Calimesa
Zoning C1
Interior
Fireplaces Type Bath, Kitchen, Master Bedroom
Fireplace Yes
Laundry Inside
Exterior
Pool None
Community Features Suburban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 410040002
Acceptable Financing Cash, Cash to New Loan, FHA
Listing Terms Cash, Cash to New Loan, FHA
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with UMAR CHATHA • REALTY MASTERS & ASSOCIATES
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