Great property for investors with OVER 7% pro forma CAP RATE. Great DUPLEX, potential TRIPLEX (2 detached homes on a lot) property in Jurupa Valley area of Riverside. This Corner Lot is over 1/2 ACRES. Property is also horse zoned (A-1 Residential/Agricultural, Residential 2 or 3 Units). Front (main) home is approx 1550sqft, 2-level 3BD/2BA upgraded with scraped ceilings, tile flooring, wood cabinetry, granite countertops, vinyl dual-paned windows, etc. Also has a finished basement 463sqft (as per tax roll), currently used as a master suite with private entrance. Back detached home is approx 750sqft and is currently being used as a 2BD/1BA. As per city records, home was expanded and rear home constructed in the 1960s. Both units currently tenant occupied and both wish to stay.
Very nice two in a lot it can be to live in and rent the other or an investment property unit #One is three bedrooms and one bath, big living room with fireplace, dining area and big kitchen, Unit # permitted guest house.
HUGE LOT SIZE WITH ZONING FOR MULTIFAMILY DWELLINGS (GENERIC, ANY. ACCORDING TO PROFILE.
Buyer and buyers agent to do all proper investigations.