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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26090989
HOA Y/N No
Year Built 2021
Lot Size 0.950 Acres
Property Sub-Type Mixed Use
Property Description
The residential units consist of spacious townhome-style two-bedroom floor plans ranging from 1,100 to 1,400 SF, each equipped with in-unit washer/dryers and access to an outdoor courtyard. Select units offer the potential to convert to three-bedroom configurations, providing meaningful value-add upside for the right investor.
The ground-floor commercial suites range from 650 to 1,540 SF and are currently home to a variety of established tenants, delivering strong in-place cash flow from day one. The property includes 29 parking spaces serving both residential and commercial occupants.
Current scheduled rental income stands at $562,681 annually, with a current cap rate of 5.27% and a market cap rate of 5.99%, reflecting additional upside through market-rate repositioning of residential units and commercial lease rollovers. Current NOI is $366,290, with a market pro forma NOI of $416,306.
Priced at $6,950,000 ($233.53/SF), this newly constructed asset offers investors a turnkey, low-maintenance opportunity with significant long-term appreciation potential in Southern California's Inland Empire region.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central
Fireplaces Type Outside
Fireplace Yes
Appliance Dryer, Washer
Laundry Inside
Exterior
Pool None
Community Features Valley
View Y/N Yes
View Courtyard
Total Parking Spaces 29
Private Pool No
Building
Lot Description 26-30 Units/Acre
Story 3
Entry Level Three Or More
Sewer Other
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 313273010
Energy Description 8520.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Schools & Businesses
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