Price Reduction - Views
Address
11707 Hazeldell Drive Riverside, CA
Price
$ 629,900
Property Attributes
  • MLS#OC21086888
  • TypePending
  • CountyRIVERSIDE
  • CityRiverside
  • AreaRiverside
  • Zip92505
  • StyleTriplex
  • Price$ 629,900
  • Bedrooms15
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage2084
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Luis Torres with Balboa Real Estate, Inc.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

This is a Home that has been always used by the owners as an "Income Property" where the main house have been Updated and always used as Rental for Students from "La Sierra University" which is located at front of this property and for other persons as well. This is considered "Legal Non-Conforming" by the City of Riverside by Letter sent to the Owner. This property have been separate in Unit A, Unit B and a separate Suite Unit C on top of the garage in the back of the property. Current Tenants have been there for many years at a very low Rents. Rents to be increased at Close of Escrow as follows Unit "A" $1,400, Unit "B" $1,300 and Unit "C" now at $$1,100 Total projected Income of $3,800 per month or more to the Buyer discretion. The lower level is Unit "A" with 2 bedrooms, 1 full bath, kitchen with laundry area and breakfast area, Very X-large Living room and Dining area. The second level is Unit "B" is very spacious with 2 bedrooms, one very large bedroom, full bath, plus another bedroom and 3/4 bath and a large kitchen with laundry area , Dining Room, and new flooring all through out the house. Unit "C" this is an independent separate Suite built on top of the 21/2 car garage with an spectacular view!!! 1 bedroom with 3/4 bath plus Living Room, Dining area and Kitchen area .Also a very wide and long driveway with plenty of parking up to 8 cars. Also, this property offers a 2.5 car garage size with water access and a new set of doors. Therefore! this property is located on a large corner lot for more privacy with neighbors in the back and the left side of the property and facing " La Sierra" University. Please! contact Listing Agent for access or any additional information. Please! DO NOT disturb Tenants. Due to COVI-19 Sellers request Offers Subject to Inspection from Pre-Approved Buyers with "Proof of Funds" All interested parties must be Pre-Qualify by P.C. Funding Inc. Giovanni Alvarez or call Listing Agent for his information and phone access. Listing Agent has not confirm or verified all these information as stated by Seller, Seller confirm that this property is considered "Legal Non-Conforming" with the City of Riverside due to the year built in 1947. This is a great opportunity for an aggressive Investor. At current Updated Market Rents this property can reach 7.5% Cap Rate for an Investor

Price History
4/30/2021 Listed $650,000
6/28/2021 4% - $629,900

General Features

Association Amenities Barbecue, Picnic Area, Trail(s)
Community Features Foothills
Garage Spaces 2.5
Garage Y/N Yes
Heating Wall Furnace
Interior Features Bedroom on Main Level
Levels Two
Listing Agent Luis Torres - BRE#00967145
Listing Agent State License 00967145
MLS Area 252 - Riverside
Open Parking Spaces 8
Pool Features None
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type Residential Income
Rooms Bedroom, Kitchen
Sewer Public Sewer
Spa Features None
Special Listing Conditions Trust
Status Pending
Stories 2
Terms Cash, Cash to New Loan
Total Actual Rent 3800
Total Units 3
Utilities Electricity Available, Electricity Connected, Sewer Connected, Water Connected
View Neighborhood
Water Sewer Expense 640
Zoning R1065

Interior Features

Common Walls No Common Walls
Fireplace Features Dining Room, Kitchen, Living Room, Master Bedroom
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Inside

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.2
Lot Size Area 8712
Lot Size Source Assessor
Lot Size Square Feet 8712
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Total Parking 11
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Kitchen

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 Pending Average in 92505

Price
AVG $730K
$630K
Visits
AVG 29
42
Year Built
AVG 1971
1947
Walkscore
AVG 39
47
Data Provided by Walkscore ® not using MLS data