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INVESTORS-EARN GREAT RETURN/CAP RATE. STRONG CASH FLOW. GET IMMEDIATE RENTAL INCOME OF $3,045 gross monthly income from stable, ON-TIME PAYING TENANTS that never missed a payment in 2+ years. Located in a great neighborhood in Cherry Valley at the end of a quiet street. This TURNKEY property offers a front home with 2 bed + 1 bath (825 sq feet), and the detached back home has 1 bed + 1 bath (~500 sq ft). The total area from both homes is ~1,325 sq ft on a spacious 8,712 square feet lot with potential for an ADU and plenty of space for RV parking. The front home features an updated kitchen, spacious bedrooms, and central A/C. The rear home was extensively remodeled in 2023 and features a new kitchen with quartz countertops and cabinetry, new split A/C units and heat pump, water-resistant laminate flooring, and an upgraded electrical panel. Income today, flexibility for tomorrow, and plenty of room to make it your own! All information is deemed reliable but not guaranteed. Buyer and buyer's agent are advised to independently verify all information, including square footage, permitted use, zoning, building permits, and potential uses with the appropriate government authorities.
Property Type(s):
Residential Income
| Last Updated | 10/10/2026 | Tract | n/a |
|---|---|---|---|
| Year Built | 1958 | Community | 263 - Banning/Beaumont/Cherry Valley |
| County | Riverside |
Price History
| Prior to Oct 9, '26 | $449,999 |
|---|---|
| Oct 9, '26 - Today | $465,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range, Water Heater |
| AREA | 263 - Banning/Beaumont/Cherry Valley |
| FIREPLACE | Yes |
| HEAT | Central |
| INTERIOR | Master Downstairs |
| LOT | 8712 sq ft |
| LOT DIMENSIONS | 8712 |
| PARKING | On Site, Off Street, Oversized, See Remarks |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | n/a |
| UTILITIES | Electricity Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with WiseChoice Real Properties
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.
This IDX solution is (c) Diverse Solutions 2026.
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