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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.
Last Updated | 11/14/2024 | Year Built | 1953 |
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Community | Riverside | County | Riverside |
Additional Details
AIR | Wall/Window Unit(s) |
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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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