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Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
Property Type(s):
Residential Income
| Last Updated | 11/10/2025 | Year Built | 1955 |
|---|---|---|---|
| Community | SRCAR - Southwest Riverside County | County | Riverside |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range |
| AREA | SRCAR - Southwest Riverside County |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.54 acre(s) |
| LOT DESCRIPTION | Back Yard, Level, Rectangular Lot |
| PARKING | Driveway, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Casa Blanca Realty
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