Active
$2,195,000
5%
3 Units
5 Beds
5 Baths
4,875 Area(sq.ft.)
Lot: 39,640 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | Yes | $ 3,000 | $ 3,000 | $ 3,000 |
| Unit 2 | 1 | 1 | 1 | Yes | $ 3,000 | $ 3,000 | $ 3,000 |
| Unit 3 | 1 | 3 | 3 | $ 7,000 | $ 7,000 | $ 7,000 | |
| 3 | 5 | 5 | $ 13,000 | $ 13,000 | $ 13,000 |
| MLS #: | SW25072521MR |
| Days On Market: | 246 |
| Listing Date: | April 4, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 450 |
| Price per unit: | $ 731,667 |
| Year Built: | 1994 |
Property Details
Here's a phenomenal opportunity to own (2) Airbnb's that are currently ranked in the to 1% in the world! That's right, these two gorgeous, super-popular guest suites have a 2-year short-term rental record on both Airbnb and VRBO and they're crushing it! They're currently run at a vacancy rate of approximately 50% and still pull in over $60,000 per year. It's very easy and enjoyable, but we're moving out of state. You can easily ramp up the occupancy rate and exceed $100,000 per year. They're simple to manage from the main home. Both suites are far enough away that it doesn't take away from your privacy. These are fully permited and licenced with the city of Murrieta. They are not ADU's. ADU's cannot be used as short term rentals in California. These are grandfathered guest suites in perfect condition. Each unit features its own private bedroom, 3/4 bath, a full featured cooks kitchen and family room. The main house is extremely comfortable and features a 1200 s.f. game room with projection theater. It also has a 6-car garage, 2-car carport and RV pad with full hookups. The property is on a highly productive agricultural well that originally used to water 140 acres, plus it has its own private septic treatment plant producing near-potable water. This property is perfect for multi-generational housing, long term rentals, short term rentals or a large family. *All financial analysis information not contained in this description are merely for demonstration purposes. Please contact the listing agent for accurate rental history receipts from the city of Murrieta. Ask your agent to see the additional features report listed in the Supplements Section.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 230 |
| Net Operating Income: | $ 7,000 |
Structure
| Community Features: | Street Lights |
| Security Features: | Automatic Gate, Carbon Monoxide Detector(s), Security System, Smoke Detector |
| Sewer: | Aerobic Septic |
| View Description: | Hills |
| Water: | Shared Well |
Land & Parking
| Zoning: | Estate 1-Acre |
| Land Lease Type: | Fee |
| Parking Garage: | Carport |
| Total Parking: | 28 |
Interior
| Cooking Appliances: | Convection Oven, Microwave, Oven-Gas, Self Cleaning Oven |
| AC/Cooling: | Central, High Efficiency |
| Equipment: | Dishwasher, Dryer, Dryer Included, Garage, Gas Dryer Hookup, Microwave, Room, Washer, Washer Included |
| Heating: | Central, ENERGY STAR Qualified Equipment |
| Fireplace Rooms: | Family Room, Pellet Stove |
| Laundry: | Dryer, Dryer Included, Garage, Gas Dryer Hookup, Room, Washer, Washer Included |
Exterior
| Exterior Construction: | Wood Siding |
| Pool: | No |
| Roof: | Asphalt |
| Spa: | True |
| Spa Description: | Above Ground, Fiberglass, Heated, Permits, Private |
| Tennis Court Description: | Guest House |
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