5746 Tilton,Jurupa Valley, CA 92509
Jurupa Valley, CA 92509
Description
Unique offering of a 14 unit turn key asset with long-term tenants and a current cap rate of 8.25%! . YES 8 . 2 5 % No deferred maintenance! (80%) of tenants pay by direct deposit and balance of tenants pay via dropbox in laundry room. Balance of rents are picked up when emptying building owned Speed Queen washers & Dryers. ***($222,560 NET income with an 8 . 2 5 % cap rate on a no deferred maintenance 14 Plex)*** completed within the last 4 to 6 years: *** building re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water heater, circulating pump, shut offs, and hose bibs. *** PELLA dual glazed windows installed throughout *** exterior entry doors and weatherstripping, jambs and hardware *** raised panel interior doors with new farm style casing, baseboards casings and trim *** new closet, interiors, high low shelving, and mirror doors *** retractable, and openable window blinds *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodel *** over the range microwave, dishwashers, gas oven/cooktop new installation *** all deck areas continuously maintained, and recently re-coated *** electrical panels upgraded, child proof Decora plugs, new GFIs, new smoke detectors, CO2 protectors with installation of LED lighting *** outside lighting, including new sconces, new parking lot, lighting, and LED lighting on light sensor *** all roof area, continuously maintained and recently recoated in an Elastimeric product *** painting of exterior building, handrails, and wrought fencing/gates *** parking area recently slurry coated, and re-striped. Required handicap parking in place. *** avocado, and citrus trees are available for tenants enjoyment The lot that this 14 Plex is on is 10,454 ft.² with a 6424 square-foot dwelling built in 1981. Also available is adjacent 11,326 ft.² lot, MLS OC26103800 with an 8 x 16 storage container on site. Combined these lots total 1/2 acre and per Edgar, at the Jurupa Valley building department, these lots combined could allow for eight additional dwelling units, (8-ADU’s). Do your own due diligence on how to develop this property further.
Details
| MLS # | OC26103800 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1981 |
| Days On Site | 80 |
| Listing Provided By | West Shores Realty, Inc. | Joe Morrison |
Features
| SQ Feet | 6,424 |
|---|---|
| Story(s) | 2 |
| Units | 14 |
| Building(s) | 1 |
| Acreage | 0.24 |
| Property View | None |
Interior
| Cooling | Central Air, Wall Window Units |
|---|---|
| Heating | Central, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Block Walls |
| Appliances | Dishwasher, Free Standing Range, Gas Oven, Gas Range, Gas Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Reflective, Synthetic |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Zero To One Unit Acre |
| Fencing | Block, Wrought Iron |
Parking
| Parking Features | Asphalt, On Site, Private, One Space, Unassigned |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Dog Park, Foothills, Hiking, Horse Trails, Park, Sidewalks |
|---|
Taxes
| Property | 30000 |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Jurupa Valley |
| Zip Code | 92509 |
| Area | 251 Jurupa Valley |
| Listing VS Median (in 92509) | |
Price: $2,680,000 low | high Med: $645,000 sqft: 6,424 low | high Med: 1,692 $ / sqft: $417 low | high Med: $385 On site: 80 low | high Med: 140.5 | |
Market Activity 92509
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Jurupa Valley |
| Zip Code | 92509 |
| Area | 251 Jurupa Valley |
| Listing VS Median (in 92509) | |
Price: $2,680,000 low | high Med: $645,000 sqft: 6,424 low | high Med: 1,692 $ / sqft: $417 low | high Med: $385 On site: 80 low | high Med: 140.5 | |