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Pride of ownership but priced like a fixer. Discover a lucrative opportunity with these four single-family detached homes, ideally positioned on a spacious corner lot with room to add an additional home—perfect for future expansion and increased rental income. Each home offers a functional, modern design with an open-concept living area, a sleek kitchen, one bedroom, and a well-appointed bathroom featuring a tiled shower. Occupancy Details: Units 2, 3, and 5 are tenant-occupied; Unit 4 is available for showings. There is no Unit 1. Please do not disturb tenants.Investor Highlights: Professionally managed. Turnkey Condition: Remodeled in 2022, minimizing immediate maintenance needs.Income Flexibility: Maximize cash flow by renting all four homes, go owner-occupied utilizing a small down payment, or add additional units for added revenue.Utility Arrangements: Tenants pay for electricity, trash, and sewer, owner covers water and gas (gas limited to hot water heaters only).Scalable Investment: Tiny home community.This property is an outstanding investment, offering solid rental income today and substantial growth potential for the future.
Property Type(s):
Residential Income
| Last Updated | 11/13/2024 | Year Built | 1953 |
|---|---|---|---|
| Community | Riverside | County | Riverside |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Oven, Electric Range |
| AREA | Riverside |
| HEAT | Combination |
| HOA DUES | 0 |
| INTERIOR | Bedroom on Main Level |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Corner Lot, Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electric: Electricity - On Property |
| WATER | Public |
| ZONING | R1065 |
Location
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Listed with RIVERSIDE REAL ESTATE PROS
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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