Skip To Content

33131 Jamieson Street

Lake Elsinore, CA 92530
  • $725,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: DW22152157
UPDATED: 52 min ago
$725,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Guillermo Durell of Realty Source Inc. (619-258-1000)


Description

Investor's delight!! 4 units - Three units consisting of 2 bedrooms / 1 bath and the fourth unit consisting of 1 bedroom (converted to 2 beds) / 1 bath. 1 parking space assigned to each unit. Laundry room generates approximately $150 / month. Buyer to assume HERO loan for solar system, electric bills for all 4 units are minimal due to the solar system. 1 gas meter for all four units. 4 electric meters - owner pays electric bill for three units. Vacancies are rare at this property, however when they have occurred, updating to the unit has coincided. This property is located in a highly desirable area of Lake Elsinore.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-13T23:28:18.743. 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/130790659
Print Image

33131 Jamieson Street Lake Elsinore, CA 92530

  • Price: $725,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 52 min ago
  • ID#: DW22152157
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1965
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Investor's delight!! 4 units - Three units consisting of 2 bedrooms / 1 bath and the fourth unit consisting of 1 bedroom (converted to 2 beds) / 1 bath. 1 parking space assigned to each unit. Laundry room generates approximately $150 / month. Buyer to assume HERO loan for solar system, electric bills for all 4 units are minimal due to the solar system. 1 gas meter for all four units. 4 electric meters - owner pays electric bill for three units. Vacancies are rare at this property, however when they have occurred, updating to the unit has coincided. This property is located in a highly desirable area of Lake Elsinore.
Exterior Features

Lot Features GardenLevelNear Public Transit Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.26 Common Interest Community Apartment Community Features Storm Drain(S)Street LightsSidewalks Electric Expense 2280 Fuel Expense 0 Garage YN No Green Energy Generation Solar Gross Income 54300 Gross Scheduled Income 54300 Insurance Expense 2500 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmit Maintenance Expense 2100 Net Operating Income 30892 New Construction YN No New Taxes Expense 9108 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 19408 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1140 Water Sewer Expense 2280 Water Source Public Zoning R-3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-13T23:28:18.743. 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.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369314453-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369314453-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369314453-1.jpg
Logo
Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Guillermo Durell of Realty Source Inc. (619-258-1000)