Skip To Content

481 S Grand Avenue

San Jacinto, CA 92582
  • $395,000
  • STATUS: Pending
  • ON SITE: 33 Days
  • ID#: SW22074431
Pending
UPDATED: 13 min ago
$395,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Loni Vogler of Better Homes And Gardens Real Estate Vogler Feigen (951-929-5181)


Description

Great opportunity to buy an investment property that cash flows! Two homes on one lot, a four bedroom two bath home (unit A)rented at $1800, and a one bedroom one bath with an office/den (unit B)rented at $950. Both properties are rented to quality tenants who would like to stay on. The property does cash flow and offers upside potential. Located on a fully fenced corner lot with manicured front landscaping. The garage is located next to the unit B, both homes have exterior closets for the laundry and side patios. Unit A has both A/C and an evaporative cooler and has benefitted from recent improvements including; new laminate flooring, panel doors throughout, ceiling fans, light fixtures, laminate kitchen counters and a custom tile shower in the master bath. Unit B has tile counters in the kitchen, an abundance of cabinetry for storage, and breakfast bar open to the living room. Ceiling fans, panel doors and a second smaller bedroom/office.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T23:30:44.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127760356
Print Image

481 S Grand Avenue San Jacinto, CA 92582

  • Price: $395,000
  • Status: Pending
  • On Site: 33 Days
  • Updated: 13 min ago
  • ID#: SW22074431
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1972
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Great opportunity to buy an investment property that cash flows! Two homes on one lot, a four bedroom two bath home (unit A)rented at $1800, and a one bedroom one bath with an office/den (unit B)rented at $950. Both properties are rented to quality tenants who would like to stay on. The property does cash flow and offers upside potential. Located on a fully fenced corner lot with manicured front landscaping. The garage is located next to the unit B, both homes have exterior closets for the laundry and side patios. Unit A has both A/C and an evaporative cooler and has benefitted from recent improvements including; new laminate flooring, panel doors throughout, ceiling fans, light fixtures, laminate kitchen counters and a custom tile shower in the master bath. Unit B has tile counters in the kitchen, an abundance of cabinetry for storage, and breakfast bar open to the living room. Ceiling fans, panel doors and a second smaller bedroom/office.
Exterior Features

Architectural Style Ranch Construction Materials Stucco Direction Faces North Fencing Chain LinkCross Fenced Foundation Details Slab Lot Features Corner LotFront YardLawnLandscapedSprinkler System Number Of Separate Electric Meters 1 Other Structures Guest House Parking Features Door-SingleDrivewayGarageGarage Faces Side Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Roof Composition Spa Features None Spa YN No View Hills View YN Yes

Interior Features

Appliances DishwasherFree-Standing RangeDisposalMicrowaveWater Heater Common Walls No Common Walls Cooling Evaporative CoolingWall/Window Unit(S) Cooling YN Yes Door Features Panel Doors Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating CentralWall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Ceramic CountersLaminate CountersOpen Floorplan Window Features Blinds

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Contingency Seller To Participate in A 1031 Exchange. Investor Buyers Only. Electric Expense 3696 Fuel Expense 848 Garage YN Yes Gross Income 0 Gross Scheduled Income 33000 Insurance Expense 704 Land Lease YN No Laundry Features Laundry ClosetOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 25108 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 7892 Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable Tv Total Actual Rent 2750 Trash Expense 280 Water Sewer Expense 1524 Water Source Public Zoning Cm



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T23:30:44.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368525234-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368525234-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368525234-1.jpg
Logo
The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Loni Vogler of Better Homes And Gardens Real Estate Vogler Feigen (951-929-5181)