$765,000
$849,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
4,250 SqFt
SOLD DATE : 07/16/2014
Key Details
Sold Price $765,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $180
MLS Listing ID CV14056991
Sold Date 07/16/14
HOA Y/N No
Year Built 1960
Tax Year 2013
Lot Size 0.450 Acres
Acres 0.45
Property Description
A rare, one-story, 5-unit apartment complex located in the city of Norco, California. The property boasts several amenities that are attractive to tenants, including professionally remodeled apartments, kitchen upgrades include new appliances and cabinets, recessed lighting throughout, tiled floors, and upgraded instant hot water heaters. The property has historically maintained 100% occupancy.
The apartments are situated on a total of approximately 19,602 square feet and there is about 4,250 square feet (to be verified) of rentable space. This is a clean, well maintained and newly upgraded complex that offers an on-site laundry facility.
Within 10 minutes of Orange County, Norco is an equestrian-oriented community where investors can easily take advantage of the opportunity to construct and lease out horse stables in the extremely spacious backyard which could possibly generate ±$15,000/yearly in additional income (to be verified/approved by City of Norco).
Location
State CA
County Riverside
Area 250 - Norco
Rooms
Ensuite Laundry CommonArea
Interior
Interior Features CeilingFans, RecessedLighting
Laundry Location CommonArea
Heating ForcedAir
Cooling CentralAir
Fireplaces Type Bath
Fireplace Yes
Appliance Dishwasher, GasCooktop, GasOven, Microwave
Laundry CommonArea
Exterior
Garage Unassigned
Pool None
Community Features Curbs
Utilities Available SewerAvailable
Parking Type Unassigned
Total Parking Spaces 7
Private Pool No
Building
Lot Description Item01UnitAcre
Story 1
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 127030013
Acceptable Financing Submit
Listing Terms Submit
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Soheila Shirazi • Surterre Properties Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "