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17305 Sage Avenue

Riverside, CA 92504
  • $1,675,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: SW22165081
UPDATED: 24 min ago
$1,675,000
  • 0
    BEDS
  • 1.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2007
County:

School Ratings & Info

Listing Agent(s): David Limon of Your Home Sold Guaranteed Rlty (951-445-0691)


Description

5 well maintained houses on 1.95 acres in the desirable Riverside Woodcrest area. Great income producing asset. Live comfortably with privacy and serenity in an upgraded 2,320 square foot 2007 built home, or rent it for top dollar. The main house has all the modern amenities and upgrades, beautiful kitchen, granite counter tops, eat at island, plenty of cabinet and counter space, rich tile throughout, high ceilings, spacious bedrooms, warm neutral paint, huge game room to entertain or relax and disconnect, large 4 car garage, and many other upgrades. The other 4 houses are well maintained with good tenants on month-to-month leases paying below market rents. Each house has its own large private yard and entrance. Huge fenced in portion of the lot with room for additional storage or let you imagination create something. There are many options, live in one and rent the rest to offset the cost, rent them all out at market rents, create a private family compound, or for the savvy investor check with the county to see the option of rezoning and creating an even higher increase in use and value.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131334322
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17305 Sage Avenue Riverside, CA 92504

  • Price: $1,675,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 24 min ago
  • ID#: SW22165081
0
Beds
0
Baths
0
½ Baths
1.95
Acres
2007
Built
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
5 well maintained houses on 1.95 acres in the desirable Riverside Woodcrest area. Great income producing asset. Live comfortably with privacy and serenity in an upgraded 2,320 square foot 2007 built home, or rent it for top dollar. The main house has all the modern amenities and upgrades, beautiful kitchen, granite counter tops, eat at island, plenty of cabinet and counter space, rich tile throughout, high ceilings, spacious bedrooms, warm neutral paint, huge game room to entertain or relax and disconnect, large 4 car garage, and many other upgrades. The other 4 houses are well maintained with good tenants on month-to-month leases paying below market rents. Each house has its own large private yard and entrance. Huge fenced in portion of the lot with room for additional storage or let you imagination create something. There are many options, live in one and rent the rest to offset the cost, rent them all out at market rents, create a private family compound, or for the savvy investor check with the county to see the option of rezoning and creating an even higher increase in use and value.
Exterior Features

Fencing Chain LinkWrought Iron Foundation Details Slab Lot Features Lot Over 40000 SqftRectangular Lot Number Of Separate Electric Meters 5 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No Roof CompositionTile Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Living RoomRecreation Room Fireplace YN Yes Flooring StoneTile Heating CentralWall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Granite CountersHigh CeilingsRecessed LightingStorage

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.78 Common Interest None Community Features Rural Garage YN Yes Gross Income 133200 Gross Scheduled Income 133200 Insurance Expense 3804 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupInsideLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 600 Net Operating Income 103503 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 29697 Possession Close Plus Rent Control YN No Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 6150 Trash Expense 708 Utilities Electricity ConnectedWater Connected Water Sewer Expense 2748 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): David Limon of Your Home Sold Guaranteed Rlty (951-445-0691)