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165 S Santa Fe AVE San Jacinto, CA 92583
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Key Details
Sold Price $385,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,988 sqft
Price per Sqft $193
MLS Listing ID DW21150519
Sold Date 11/30/21
HOA Y/N No
Year Built 1920
Lot Size 8,276 Sqft
Acres 0.19
Property Description
GREAT Investment Property! Prefect to add to your rental property portfolio has UPSIDE POTENTIAL CAP RATE OF 3.75. Property is in a LOW TAX area and is ZONED as an R3 and in an OPPORTUNITY ZONE area. Third unit has not been built yet but back yard has plenty of space to build unit #3.
Both units have been completely upgraded and remodeled last year. Front unit has 2 bedroom and 1 bath, kitchen and living room area. Back unit is a 3 bedroom and 1 bath, kitchen, living room and a dining area. Both units just newly installed AC/Heat units have been added a total of 6 units with a 10 year warranty. Floors have been upgraded to laminate floors, NEW interior paint, NEW exterior paint, Brand new water heaters, both bathrooms have been completely remodeled, upgraded kitchens, NEW wooden fencing, and new cement around property, and well as upgraded front landscaping. Upgraded mail boxes. Lastly, all NEW windows have been installed throughout the duplex. PROPERTY HAS CAMERAS FOR SURVEILLANCE. "PROPERTY SOLD AS IS"
PLEASE DO NOT DISTRUB TENANTS DRIVE BY ONLY!!!!
Also potential for first time buyer, living in one and renting the other unit.
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning R3
Rooms
Ensuite Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Interior
Interior Features All Bedrooms Down
Laundry Location Common Area,Washer Hookup,Gas Dryer Hookup
Heating Combination, ENERGY STAR Qualified Equipment
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Appliance ENERGY STAR Qualified Appliances, Electric Oven, Gas Oven, Refrigerator
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Garage Concrete, Driveway
Fence Brick, Wood
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available
View Y/N Yes
View Neighborhood
Roof Type Tile
Parking Type Concrete, Driveway
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Sprinklers In Front, Walkstreet, Yard
Story 1
Entry Level One,Multi/Split
Sewer Public Sewer
Water Public
Architectural Style Custom, Traditional
Level or Stories One, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 437021012
Energy Description 540.0
Acceptable Financing Cash to Existing Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash to Existing Loan, Conventional, 1031 Exchange, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Adriana Marquez • United Executives Group
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