287 W County Line Road

    Calimesa, CA 92320
    • $388,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: IV20027604
    UPDATED: 84 min ago
    $388,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,200
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    BEST PRICED INCOME UNITS also zoned COMMERCIAL... WOW!!! A previous owner paid $400,000... This "widow" must sell ASAP. One unit is a 2 bedroom 1 bath home rented at just $800 monthly. A new tenant offered to pay $1500 for the house but owner just wants to sell... The free standing office has a bathroom and leased at just $750 monthly... This parcel is over 1/4 acre and is now "zoned commercial" to provide valuable retail development potential... The seller has positive cash flow even with the low rents of just $1550 monthly... But she has regular missions overseas and no longer wants to manage rentals... She will give a PRICE DISCOUNT for an "all cash sale" with a short escrow. We already have 2 offers that are not acceptable as written... so it is available as of today... These units are directly in the path of growth about a mile from the 10 Freeway onramp... There is a newer shopping center on the nearby corner (see pictures) and a convenience store on the opposite corner (see picture). Just down the street is a huge senior apartment complex just opened with a huge waiting list for tenants (see last picture)...

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T17:27:33.6. 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 The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102999372

    287 W County Line Road Calimesa, CA 92320

    • Price: $388,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: IV20027604
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1,200
    SQFT
    $323
    $/SQFT
    1952
    Built
    Neighborhood:
    269 - Yucaipa/Calimesa
    County:
    Riverside
    Area:
    269 - Yucaipa/Calimesa
    Property Description
    BEST PRICED INCOME UNITS also zoned COMMERCIAL... WOW!!! A previous owner paid $400,000... This "widow" must sell ASAP. One unit is a 2 bedroom 1 bath home rented at just $800 monthly. A new tenant offered to pay $1500 for the house but owner just wants to sell... The free standing office has a bathroom and leased at just $750 monthly... This parcel is over 1/4 acre and is now "zoned commercial" to provide valuable retail development potential... The seller has positive cash flow even with the low rents of just $1550 monthly... But she has regular missions overseas and no longer wants to manage rentals... She will give a PRICE DISCOUNT for an "all cash sale" with a short escrow. We already have 2 offers that are not acceptable as written... so it is available as of today... These units are directly in the path of growth about a mile from the 10 Freeway onramp... There is a newer shopping center on the nearby corner (see pictures) and a convenience store on the opposite corner (see picture). Just down the street is a huge senior apartment complex just opened with a huge waiting list for tenants (see last picture)...
    Exterior Features

    Carport Spaces 2.00 Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    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 No Common Walls Laundry Features Electric Dryer Hookup Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features SidewalksUrban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 18600.00 Gross Scheduled Income 18600.00 Insurance Expense 150.00 Land Lease YN No Laundry YN Yes Net Operating Income 15500.00 New Construction YN No New Taxes Expense 3100.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 3100.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 1550.00 Total Expenses 3100.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning C1

    Listing provided courtesy of Pat O'brien of Developer Sales Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T17:27:33.6. 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 The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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