Active
$2,349,000
2%
5 Units
12 Beds
8 Baths
6,056 Area(sq.ft.)
Lot: 84,942 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 1,600 | $ 1,600 | $ 1,800 |
| Unit 2 | 1 | 3 | 3 | No | n/a | n/a | $ 3,700 |
| Unit 3 | 1 | 3 | 2 | No | $ 2,700 | $ 2,700 | $ 2,700 |
| Unit 4 | 1 | 2 | 1 | No | $ 2,000 | $ 2,000 | $ 2,000 |
| Unit 5 | 1 | 3 | 1 | No | $ 2,700 | $ 2,700 | $ 2,700 |
| 5 | 12 | 8 | $ 9,000 | $ 9,000 | $ 12,900 |
| MLS #: | IV25046329MR |
| Days On Market: | 279 |
| Listing Date: | March 2, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 388 |
| Price per unit: | $ 469,800 |
| Year Built: | 2007 |
Property Details
Investment Opportunity: Five Houses on Expansive 1.95 Acres. This unique investment opportunity features five well-maintained houses in the sought-after Woodcrest area of Riverside. These properties offer excellent income potential and are ideal for both seasoned investors and Multi-family living arrangements. Main House was Built in 2007 with 3,046 square feet, upgraded amenities including an extra-large game room, covered patio, and high ceilings, large kitchen with ample cabinet space, granite countertops, and tile flooring throughout, spacious bedrooms, separate dining area, and three full bathrooms, four-car garage. Additional Houses, each rental unit offers privacy with separate driveways and entrances currently all occupied except one, providing immediate rental income. Other Property Highlights, large unused space for additional units, horses, agriculture, parking rental, or other uses, several fruit trees as Orange, Guava, Bananas, lemon and others. Convenient location close to schools and amenities, These five houses on a single lot present a rare investment opportunity with multiple income streams. Whether you are an experienced investor or looking to make your first investment, this property offers flexibility and potential for growth. Don't miss out on the chance to see it for yourself!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 51,827 |
| Net Operating Income: | $ 100,572 |
Structure
| Community Features: | Valley |
| Sewer: | Septic Tank |
| Water: | Public |
Land & Parking
| Zoning: | R-A |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Heating: | None |
| Laundry: | Gas Or Electric Dryer Hookup |
Exterior
| Pool: | No |
Detailed Map
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