Golf Course
Address
454 E 1st St San Jacinto, CA
Price
$ 5,295,000
Property Attributes
  • MLS#CV21059950
  • TypeIncome
  • CountyRIVERSIDE
  • CitySan Jacinto
  • Zip92583
  • Style
  • Price$ 5,295,000
  • Bedrooms60
  • Full Bathrooms60
  • Half Bathrooms0
  • Sqr Footage29833
  • Lot Size2.69 Acres
Listing Provided Courtesy Of:
NICK MERCURIO with CB RICHARD ELLIS.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

The subject properties offer investors a rare opportunity to acquire a 30-unit portfolio of small multifamily properties in the ever-growing cities of Hemet and San Jacinto. The portfolio consists of twelve properties, all of which are strategically located in three separate neighborhoods. All the units contain 2 bedrooms with 2 bathrooms and each property is either a Duplex, Triplex or Fourplex. Twenty seven out of the thirty units are single story and every unit comes with a garage. The properties have been meticulously maintained and they all feature desert landscaping, which allows for easier routine maintenance. The amenities of these units have historically commanded a much higher rent than 2-bedroom apartment units in comparison.

Price History
3/23/2021 Listed $5,700,000
4/28/2021 8% - $5,295,000

General Features

Additional Parcels Description 437104018, 437104014, 446111037, 446111018, 446111027, 446104015, 446104014, 449024013, 449024001, 449021037, 446104021
Additional Parcels Y/N Yes
Community Features Foothills, Golf, Sidewalks
Garage Spaces 54
Garage Y/N Yes
Listing Agent NICK MERCURIO - BRE#01997456
Listing Agent State License 01997456
MLS Area 699 - Not Defined
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms 1031 Exchange
Total Units 30
Water Sewer Expense 16837

Interior Features

Common Walls 1 Common Wall
Laundry Features Electric Dryer Hookup, Gas Dryer Hookup

Exterior Features

Lot Features Near Public Transit, Walkstreet, Yard
Lot Size Acres 2.69
Lot Size Area 2.69
Lot Size Source Assessor
Lot Size Square Feet 117176
Lot Size Units Acres
Number of Buildings 12
Number of Separate Electric Meters 30
Number of Separate Gas Meters 30
Parking Features Door-Single, Driveway Up Slope From Street, Garage, Garage Faces Side
Total Parking 54
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92583

Price
AVG $1.83M
$5.3M
Visits
AVG 26
36
Year Built
AVG 1947
1977
Walkscore
AVG 65
52
Data Provided by Walkscore ® not using MLS data