3295 Rubidoux, Jurupa Valley, CA 92509
- $1,680,000
- List Price
- $1,680,000
- Price Change
- ▼ $100,000 1782435469
- Status
- ACTIVE
- MLS#
- OC26103806
- Year Built
- 1980
- Lot Size
- 18,295
- Acres
- 0.42
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 54
- Property Type
- Multifamily
- Style
- Bungalow
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
Attention agents… Look forward to showing this spacious, nearly 1/2 an acre, (8) unit garden style apartment building. Two parking spaces in front of a single-story unit with a large rear yard area. Long-term tenants with a 7 1/4% cap return and additional upside. Most of tenants pay by direct deposit balance pays to dropbox in laundry room. These rents can be picked up when emptying building owned speed Queen Laundry machines. **($157,860 income yielding a 7.25% cap return on no deferred maintenance asset)** Within the last 4 to 6 years building has been ***re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water, heaters, shut offs, and hose bibs. ***PELLA dual glazed windows installed throughout*** Metal exterior entry doors and weatherstripping, jambs and hardware. *** raised panel interior doors with new farm style casing, baseboards, and trim. ***new closet, interiors with high low shelving and sliding mirror doors *** openable, and retractable window, blind coverings *** lockable mailboxes recently added. *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodels. *** over the range microwave, dishwashers gas oven/cooktop. *** new rear metal doors with openable window or blinds that opens to recently slurry coated patio area and new wood fencing. *** electrical sub-panels upgraded, new childproof Decora plugs, GFI’s and LED fixtures. ***Exterior of building, porches, handrails, and wrought iron fencing recently painted. Five of eight units have completely new interiors, three units with updated interiors. Entire parking lot area was recently slurry coated, and re-striped. Avocado and citrus trees are there for tenants enjoyment. >>> (the five storage containers available at $160 per month each and the income is included in the gross scheduled income)<<< (Offers subject to cancellation of existing escrow)
Additional Information
- Appliances
- Built-In Range, Gas Oven, Gas Range, Gas Water Heater
- Pool Description
- None
- Fireplace Description
- Family Room, Kitchen
- Heat
- None
- View
- None
- Exterior Construction
- Stucco
- Roof
- Asphalt
- Garage Spaces Total
- 10
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Block Walls, Unfurnished
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $157,860
- Operating Expense
- 37680
Listing courtesy of Listing Agent: Joe Morrison (WestShoresJoe@yahoo.com) from Listing Office: West Shores Realty, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.