$1,496,000
$1,496,000
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6 Beds
SOLD DATE : 02/23/2024
Key Details
Sold Price $1,496,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24024864
Sold Date 02/23/24
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to an extraordinary 18.05-acre property, where prime investment meets residential luxury! The first 8.31-acre parcel features three meticulously crafted units, providing an ideal fusion of comfort and investment potential. On the adjacent 9.74-acre parcel, seize the opportunity for additional investments, accompanied by architect plans to optimize its full potential. With lucrative zoning for triplex use, this rare gem promises a harmonious blend of residential living and unparalleled investment possibilities. Income-Generating Property: Currently, this property is already generating income with month-to-month lease contracts in place. Whether you choose to continue this as a lucrative investment opportunity or call it home for your own living, the flexibility of existing lease agreements provides you with a seamless transition into ownership. The solar system, fully paid off, not only promotes an eco-friendly lifestyle but also ensures substantial energy savings. Additionally, your property comes equipped with a Well, guaranteeing a self-sufficient water supply that covers 100% of your needs. Immerse yourself in the perfect fusion of sustainability and comfort within this distinctive home. Property Highlights: - Total Land Area: 18.05 acres (Parcels Zoned Triplex Use) - Unit A: A spacious 3-bedroom, 2-bathroom house spanning 2,030 sqft - Unit B: A cozy 400 sqft unit with 1 bedroom and 1 bathroom - Unit C: A second unit featuring 2 bedrooms, 2 bathrooms, and 1,100 sqft - Garage Space: Three large car garages providing ample storage or additional rental opportunities
Location
State CA
County Riverside
Zoning Public Rec
Direction San Timoteo Canyon Road: Make a Right Next to the Mail Box On the Main Street, and Drive Up to The Automatic Gate.
Interior
Heating Floor Furnace, Forced Air Unit
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
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Bought with Darcie Sestito Homequest Real Estate

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