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    164 S Santa Fe Avenue

    San Jacinto, CA 92583
    • $299,000 - $309,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: IV20182060
    UPDATED: 45 min ago
    $299,000 - $309,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,042
      SQFT
    • $297
      $/SQFT
    Type:
    Multi-Family
    Built:
    1944
    County:

    School Ratings & Info

    Description

    Immediate return on investment on this great duplex with almost a 7% CAP Rate! Existing long term tenants in both units who would both like to stay after sale of the property. This duplex is made up of two - 1 bed, 1 bath units with kitchen, dining, and living areas as well as a laundry area inside the units. The front unit currently uses the 2 car garage for parking, while the back unit uses the 1 car carport and a separate storage area behind the garage for storage. Front unit has a water heater less than a year old, and back unit just had a new water heater installed last month. Recent improvements to the front yard and fence drastically reduced the landscape maintenance by removing overgrown brush and trees and installing fresh DG ground cover. We replaced the old wooden fence and posts with a new one, as well as both wooden porch hand rails with rod iron, and painting to match the rest of the exterior. Conveniently located to nearby elementary and middle schools, a location like this will always create a high demand from renters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T00:29:16.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109751168
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    164 S Santa Fe Avenue San Jacinto, CA 92583

    • Price: $299,000 - $309,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: IV20182060
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,042
    SQFT
    $297
    $/SQFT
    1944
    Built
    Neighborhood:
    Srcar - Southwest Riverside County
    County:
    Riverside
    Area:
    Srcar - Southwest Riverside County
    Property Description
    Immediate return on investment on this great duplex with almost a 7% CAP Rate! Existing long term tenants in both units who would both like to stay after sale of the property. This duplex is made up of two - 1 bed, 1 bath units with kitchen, dining, and living areas as well as a laundry area inside the units. The front unit currently uses the 2 car garage for parking, while the back unit uses the 1 car carport and a separate storage area behind the garage for storage. Front unit has a water heater less than a year old, and back unit just had a new water heater installed last month. Recent improvements to the front yard and fence drastically reduced the landscape maintenance by removing overgrown brush and trees and installing fresh DG ground cover. We replaced the old wooden fence and posts with a new one, as well as both wooden porch hand rails with rod iron, and painting to match the rest of the exterior. Conveniently located to nearby elementary and middle schools, a location like this will always create a high demand from renters.
    Exterior Features

    Architectural Style Bungalow Carport Spaces 1.00 Construction Materials Frame Fence YN Yes Fencing Wood Foundation Details Raised Garage Spaces 2.00 Lot Features 2-5 Units/AcreBack YardFront YardRectangular LotNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Attached CarportGarageGarage - Two Door Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas Oven Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One AboveNo One Below Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTileVinyl Heating Wall FurnaceNatural Gas Heating YN Yes Laundry Features Inside Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.76 Community Features CurbsGuttersSidewalksStreet Lights Country Us Electric Electricity - On PropertyStandard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 26400.00 Gross Scheduled Income 26400.00 Insurance Expense 500.00 Land Lease YN No Laundry YN Yes Net Operating Income 20900.00 New Construction YN No New Taxes Expense 3700.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 5500.00 Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGrounds CareGasTrash Collection Total Actual Rent 2200.00 Total Expenses 5500.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1300.00 Water Source Public Year Built Source Assessor Zoning R2

    Listing provided courtesy of Jose Felix Briones of Jose Felix Briones, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T00:29:16.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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