11411 Cherry Avenue,  Cherry Valley  (92223)

$2,888,000

0 bedrooms 0   0 bathrooms 0   5178 square feet 5,178
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Listed By: MINERVA RODAS of PONCE & PONCE REALTY, INC

PROPERTY DETAILS

Address: view address
Cherry Valley, CA 92223
Map Location
Features: Air Conditioning, Multi-level
Square Feet:5,178 sq.ft.Lot Size:81022.0
Year Built:1961Property Type:Mixed Use
Neighborhood:Solera (SLRA)County:Riverside
List Date:2024-08-01Listing Number:EV24159859
Listed By:PONCE & PONCE REALTY, INCListing Office:323-774-4481

PROPERTY DESCRIPTION

Welcome to this fantastic investment opportunity in Cherry Valley, CA! This newly renovated property features 7 thoughtfully designed units, each offering the convenience of in-unit laundry hookups, central air conditioning, and heating. Out of the 7 units, 6 are equipped with their own private 1-car garage, providing secure and convenient parking for tenants. Each unit is designed with comfort and practicality in mind, making them highly attractive to prospective renters. With its blend of essential amenities and potential for rental income, this property presents an exceptional opportunity for investors or property managers looking to expand their portfolio. The strategic location in Cherry Valley ensures consistent demand and offers a promising return on investment. Don't miss out on the chance to own this versatile and income-generating asset! Currently generates $17,750 in rental income, rent increase potential. Seller financing available.

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Interior

Features

Fireplace features:NoneLaundry Features:See Remarks, Outside, In Garage
Laundry:Yes

Cooling & Heating

Cooling features:Central AirHeating features:Central
Heating:Yes

Exterior

Pool and Spa

Pool Features:None

Parking

Parking features:Garage, DrivewayGarage spaces:6

Property and Lot Details

Features

Community Features:Curbs, Sidewalks

Other

Sewer:Public Sewer

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1961Levels:One
Stories:1

Lot

Lot Dimensions:81022.0

Construction

Building Area total:5178.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: MINERVA RODAS of PONCE & PONCE REALTY, INC