35700 Trabuco Drive

    Lake Elsinore, CA 92530
    • $1,799,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: OC20010490
    UPDATED: 57 min ago
    $1,799,000
    • 0
      BEDS
    • 40
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,500
      SQFT
    • $240
      $/SQFT
    Type:
    Multi-Family
    Built:
    1994
    County:

    School Ratings & Info

    Description

    COMMERCIAL AND INCOME OPPORTUNITY OR IDEAL FOR HORSE LOVERS. THIS PROPERTY CONSISTS OF ONE TWO STORY 4200 SQUARE FOOT MAIN RESIDENCE WITH 5 OR 6 BEDROOMS, 3.5 BATHS AND A 4 CAR GARAGE, ONE 3 BEDROOM 2 BATH MANUFACTURED HOME WITH APPROX 2300 SQUARE FEET CURRENTLY LEASED AND 3 APARTMENTS WHICH HAVE BEEN LEASED WITH LONG TERM TENANTS. IDEAL FOR OWNER OCCUPIED WITH RENTAL INCOME. PROPERTY IS SITUATED ON 40 ACRES BEHIND COMMUNITY GATE AT RANCHO CAPISTRANO. THE MAIN RESIDENCE AND THE GUEST HOUSE BOTH HAVE BEEN RECENTLY REMODELED. THE GROUNDS HAVE STABLES, CORRALS, RIDING RINGS, 14 HORSE STALLS, FOALING STALL, HOT WALKER, TACK ROOM, AND A WASH RACK. 14 STABLES COULD EASILY BOARD 20 TO 25 HORSES. HORSE AND HIKING TRAILS FROM THE PROPERTY. GREAT INVESTMENT OPPORTUNITY. GREAT RENTAL INCOME. CALL FOR A PRIVATE SHOWING.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T16:27:42.06. 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/102333096

    35700 Trabuco Drive Lake Elsinore, CA 92530

    • Price: $1,799,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: OC20010490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    40
    Acres
    7,500
    SQFT
    $240
    $/SQFT
    1994
    Built
    Neighborhood:
    Srcar - Southwest Riverside County
    County:
    Riverside
    Area:
    Srcar - Southwest Riverside County
    Property Description
    COMMERCIAL AND INCOME OPPORTUNITY OR IDEAL FOR HORSE LOVERS. THIS PROPERTY CONSISTS OF ONE TWO STORY 4200 SQUARE FOOT MAIN RESIDENCE WITH 5 OR 6 BEDROOMS, 3.5 BATHS AND A 4 CAR GARAGE, ONE 3 BEDROOM 2 BATH MANUFACTURED HOME WITH APPROX 2300 SQUARE FEET CURRENTLY LEASED AND 3 APARTMENTS WHICH HAVE BEEN LEASED WITH LONG TERM TENANTS. IDEAL FOR OWNER OCCUPIED WITH RENTAL INCOME. PROPERTY IS SITUATED ON 40 ACRES BEHIND COMMUNITY GATE AT RANCHO CAPISTRANO. THE MAIN RESIDENCE AND THE GUEST HOUSE BOTH HAVE BEEN RECENTLY REMODELED. THE GROUNDS HAVE STABLES, CORRALS, RIDING RINGS, 14 HORSE STALLS, FOALING STALL, HOT WALKER, TACK ROOM, AND A WASH RACK. 14 STABLES COULD EASILY BOARD 20 TO 25 HORSES. HORSE AND HIKING TRAILS FROM THE PROPERTY. GREAT INVESTMENT OPPORTUNITY. GREAT RENTAL INCOME. CALL FOR A PRIVATE SHOWING.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 4.00 Lot Features Horse PropertyLot Over 40000 SqftPastureRanchSecluded Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 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 Cooling Central Air Cooling YN Yes Fireplace Features BathFamily RoomMaster Bedroom Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Individual RoomInsideUpper Level Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Blm/National ForestHikingHorse TrailsMountainousUrban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 190800.00 Gross Scheduled Income 190800.00 Insurance Expense 5000.00 Land Lease YN No Laundry YN Yes Net Operating Income 170800.00 New Construction YN No New Taxes Expense 18000.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 4 Operating Expense 20000.00 Other Income1 6000.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Total Actual Rent 5100.00 Total Expenses 24000.00 Trash Expense 1200.00 Water Sewer Expense 2000.00 Water Source Public Year Built Source Estimated Zoning R-R

    Listing provided courtesy of Terry Harner of Greentree Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T16:27:42.06. 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.

     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711