$309,000

164 S Santa Fe Avenue

San Jacinto CA, 92583

Description

Immediate return on investment on this great duplex with almost a 7% CAP Rate! Existing long term tenants in both units who would both like to stay after sale of the property. This duplex is made up of two - 1 bed, 1 bath units with kitchen, dining, and living areas as well as a laundry area inside the units. The front unit currently uses the 2 car garage for parking, while the back unit uses the 1 car carport and a separate storage area behind the garage for storage. Front unit has a water heater less than a year old, and back unit just had a new water heater installed last month. Recent improvements to the front yard and fence drastically reduced the landscape maintenance by removing overgrown brush and trees and installing fresh DG ground cover. We replaced the old wooden fence and posts with a new one, as well as both wooden porch hand rails with rod iron, and painting to match the rest of the exterior. Conveniently located to nearby elementary and middle schools, a location like this will always create a high demand from renters.

Details

MLS#IV20182060
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1944
Days On Site84

Features

SQ Feet1,042
Units2
Building(s)1

Market Activity 92583

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Area Information
StateCA
CountyRiverside
CitySan Jacinto
Zip Code92583
AreaSRCAR - Southwest Riverside County
Listing VS Median (in 92583)
Price:
$309,000
low | high
Med:
$249,500
69.255663430421% of Average
SqFt:
1,042
low | high
Med:
0
100% of Average
$ / SqFt:
$297
low | high
Med:
$0
100% of Average
On Site:
84
low | high
Med:
566.5
14.827890556046% of Average
Listing Updated: November 27, 2020 10:40:29 PM PST
JOSE FELIX BRIONES LogoMLS Number: IV20182060
Listing Provided By:
JOSE FELIX BRIONES  of  Jose Felix Briones Broker
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.