$825,000
$875,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV23133199
Year Built 1964
Lot Size 8,276 Sqft
Property Description
Major Price reduction: 4 Plex: 2-bedrooms 1 bath each unit approx. 816 sqft. Long term Tenants with month to month rents, and well kept. Each unit assigned 1 detached garage at rear of property. Property has separate laundry room with washer/dryer hook-ups, separately metered, currently not being used. 4-plex has 1 huge water heater servicing all 4 units. Landlord pays for this on separate meter. In this area, sewer is paid for on annual tax bill. All units have stoves belonging to tenant. IMPROVEMENTS: all windows on building replaced with new ones. All garage doors are new. New kitchens in most units. Newer flooring in most units. Over past years electrical & plumbing upgrades. 5th electric meter is for laundry room and exterior lighting.
5th gas meter is for water heater and laundry room. Do not disturb Tenants.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R3
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type None
Laundry Washer Hookup, Laundry Room, Outside
Exterior
Garage Garage, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Fence Chain Link, Wrought Iron
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition,Shingle
Building
Lot Description Front Yard, Garden
Story 2
Sewer Public Sewer, Sewer Assessment(s)
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, 1031 Exchange, Submit
Listing Terms Cash to New Loan, 1031 Exchange, Submit
Special Listing Condition Standard
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Bought with Jose Marin • Marin Realty Group