Listed By:
MOISES MORAN with EXP REALTY OF SOUTHERN CALIFORNIA INC.;
Address
5941 Limonite Avenue, Jurupa Valley, CA
Price
$ 1,199,900
Property Attributes
  • MLS#IV24060187
  • TypeMulti-Family
  • CountyRIVERSIDE
  • CityJurupa Valley
  • AreaJurupa Valley
  • Zip92509
  • StyleQuadruplex
  • Price$ 1,199,900
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3620
  • Lot Size0.2 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Don't miss the opportunity to own this exceptional investment property! This 4-unit property offers 3,620 sqft of living space on an 8,720 sqft lot. Property will be sold with TWO VACANT UNITS waiting to be filled! With a mix of units including 3-bed/1-bath, 2-bed/1-bath, and TWO 1-bed/1-bath layouts, this quadraplex offers flexibility for rental income or owner-occupancy with supplemental rental potential. All 4 units have recently been refurbished. Property offers 5 carports for parking and additional uncovered parking. outdoor space, and easy freeway access. Live in one and rent the other units! Explore this centrally located gem today!

Price History
4/8/2024 Listed $1,099,900

General Features

Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Zoning R-3
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1964
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 87336.0
Community Features Hiking
County Riverside
Net Operating Income 80460.0
Operating Expense 6876.0
Insurance Expense 350.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions Limonite Ave. And Mission Ave.
City Jurupa Valley
Entry Location front
View Y/N No
Senior Community Y/N No
Open Parking Spaces 5.0
Total Units 4
MLS Area 251 - Jurupa Valley
Lot Size Square Feet 8712.0
Private Pool No
Waterfront Y/N No
Carport Spaces 5.0
Carport Y/N Yes
Number of Units Leased 2
Street Name Limonite
Listing Terms Cash,Conventional,FHA
Property Attached Y/N Yes
Land Lease Y/N No
Electric Expense 39.0
Home Warranty Y/N No
Fuel Expense 19.0
Trash Expense 65.0
Water Sewer Expense 450.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 26
Total Actual Rent 3443.0
Property Sub Type Additional Quadruplex
Expected Active Date 2024-04-08
Cap Rate 7.3
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N No

Exterior Features

Parking Features Assigned,Carport
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 10.0
Lot Size Area 8712.0
Number of Buildings 1
Spa No
Building Area Total 3620.0
Lot Size Acres 0.2
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92509

Price
AVG $1.04M
$1.2M
Visits
AVG 47
51
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1964

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