$1,300,000
$1,375,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 04/11/2024
Key Details
Sold Price $1,300,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW23220906
Sold Date 04/11/24
HOA Y/N No
Year Built 1945
Lot Size 0.340 Acres
Property Sub-Type Apartment
Property Description
Calling ALL INVESTORS!!!!! EXCELLENT CAP Rate. Great opportunity in downtown Lake Elsinore, walking distance to all restaurants and grocery stores. Fully occupied with long term tenants and waiting list for new arrivals if needed. Property consists of (1) 2 bed 1 bath, (1) 1 bed 1 bath and 8 studios. Onsite laundry and 1 car garage for maintanance. Onsite parking for 10+ cars and opportunity to add additional units and garages if desired.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Lake, Sidewalks, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 1
Private Pool No
Building
Lot Description Level, Near Park, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 374261004
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Jasdeep Kochar Ameristar Real Estate Inv.
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