32431 Oak Hollow Court
Wildomar, CA 92595
$1,050,000
Price
6
Beds
5
Baths
3,987 Sq. Ft.
$263 / Sq. Ft.
3,987
Sq. Ft.
$263
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
Unlock the potential of this incredible investment property, featuring 3 fully permitted residences on a large, expansive cul-de-sac lot. This property offers maximum versatility and high earning potential, whether you are looking to expand your real estate portfolio or explore lucrative rental opportunities. The property includes a Main Home, NextGen Suite, and an ADU—three residences that offer multiple rental streams and flexible leasing options. The NextGen Suite features independent living with...Unlock the potential of this incredible investment property, featuring 3 fully permitted residences on a large, expansive cul-de-sac lot. This property offers maximum versatility and high earning potential, whether you are looking to expand your real estate portfolio or explore lucrative rental opportunities. The property includes a Main Home, NextGen Suite, and an ADU—three residences that offer multiple rental streams and flexible leasing options. The NextGen Suite features independent living with a private entrance, a full kitchenette, living room, laundry, and a spacious bedroom and bathroom. The ADU offers similar independent living features, including its own address, mailbox, electric meter, and a full kitchen with washer/dryer. The expansive lot boasts resort-style amenities, including a designer pool with water slides, a cave grotto, a hot tub, putting green, basketball court, and more—appealing to premium tenants seeking high-end living spaces. The homes are fully upgraded, showcasing quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. Both the NextGen Suite and ADU are designed with modern, spacious layouts that attract high-demand tenants. Energy efficiency is a key selling point, with leased solar panels, an alkaline house water filtration system, and a whole house quiet cool system in place, ensuring low operational costs for the owner. The property also boasts custom tile flooring, a gourmet kitchen, plantation shutters, and abundant storage, providing additional appeal for long-term tenants. This is a rare opportunity to acquire a property with multiple revenue-generating options. With an incredible outdoor living space and self-contained units, this property offers boundless potential for both immediate and long-term returns. Tax rate is 1.85%
- Listed by Michelle Leibold • DRE #01832239 • Brokerage DRE #01885775 • Big Block Realty • 951-440-4344
Property Details for 32431 Oak Hollow Court
View
Pool
Parking Spaces Total3
Private PoolYes
Cooling TypeCentral Forced Air
Total Units3.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3987
LISTING UPDATED: 01/08/2025 10:33 PM
Property Details for 32431 Oak Hollow Court
| Status | Active |
|---|---|
| MLS # | SW25004835 |
| Days on Market | 6 |
| Taxes | - |
| HOA Fees | $40 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2013 |
| Lot Size | 0.28 AC / 12,197 SF |
| County | Riverside County |
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Building Information for 32431 Oak Hollow Court
Stories2Residences-Year Built2013Building Size-Lot Size0.28 AC / 12,197 SF
Property Information for 32431 Oak Hollow Court
Rental Info
Rental Info
- Tenant Pays: Cable TV, Telephone
- Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
- Gross Income: $94,600
- Gross Scheduled Income: $113,600
- Vacancy Allowance Rate: 4
- Gross Operating Income: $94,600
- Net Operating Income: $82,582
- Cap Rate: 7.87
- Current Financing: Conventional
Expense Details
- Operating Expense: $14,018
- Gardener Expense: $1,300
- Fuel Expense: $1,532
- Pest Control Expense: $704
- Pool Expense: $1,710
- Electric Expense: $1,496
- Insurance Expense: $400
- Maintenance Expense: $650
- Other Expense: $4,089
- Other Expense Description: solar
- Trash Expense: $600
- Water Sewer Expense: $2,026
- Total Expenses: $14,018
Tax / Assessment Info
- Tax Tract Number: 30839
- Tax Census Tract: 432.71
- CFD/Mello-Roos Fee: $0
- Tax Lot: 27
Community / Development
Community / Development
- Association Amenities: Maintenance Grounds
- Assessments YN: Yes
- Assessments: Special Assessments
- Community Features: Gutters, Sidewalks, Street Lights
- Complex Name: Walters Management
- Association Name: Walters Management
- Association Phone: (951) 296-1588
Property / Structure Info
Interior Features
- Appliances: Convection Oven, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Water Softener
- Equipment: Dishwasher, Ice Maker, Inside, Laundry Closet Stacked, Microwave, On Upper Level, Refrigerator, Room, Stackable W/D Hookup, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier
- Interior Features: Attic Fan, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Quartz Counters, Two Story Ceilings
- Room Type: Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Office, Walk-In Closet, Walk-In Pantry
- Bedroom Features: WalkInCloset
- Water Heater Features: Tankless
- Water Heater Type: Tankless
- Laundry: Yes
- Laundry Features: Individual Room, Inside, Upper Level, Stackable
- Fireplace Features: Great Room
- Fireplace Rooms: Great Room
- Cooling: Central Air
- Heating Type: Central, Solar
- Heat Source: Solar
- Heating: Central, Solar
- Heat Equipment: Passive Solar
- Flooring: Carpet, Laminate, Tile
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=4MZSskkL3LC&mls=1
Exterior Features
- Door Features: ENERGY STAR Qualified Doors, Sliding Doors
- Window Features: Double Pane Windows, Plantation Shutters
- Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
- Construction Materials: Frame, Stucco
- Exterior Construction: Frame, Stucco
- Exterior: Stucco
- Exterior Features: Barbecue Private, Lighting, Rain Gutters, Satellite Dish
- Roof: Tile
- Entry Location: 1
- Fence: Yes
- Fence: Wood
- Fencing: Block, Wood
- Foundation Details: Slab
- Other Structures: Guest House, Guest House Attached, Outbuilding, Shed(s), Two On A Lot, Workshop
- Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
- Miscellaneous: Value in Land
- Pool Features: Private, Heated, Gas Heat, In Ground, Waterfall
- Pool Description: Heated, In Ground, Private, Waterfall
- Pool: Below Ground, Private
- Spa Features: Private, Heated, In Ground
- Tennis Court: Guest House
Land/Lot Info
- Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level with Street, Level, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Value In Land, Walkstreet, Yard
- Number Of Units: 3
- Land Lease: No
- Land Lease Type: Fee
- Topography: Level
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
- Electric: 220 Volts in Garage
- Water Source: Public
Parking Info
- Garage Spaces: 3
- Parking: Yes
- Parking Garage: Garage, Oversized, RV Possible
- Parking Garage Spaces: 3
- Carport Spaces: 0
- Parking Features: Garage, Garage Faces Front, Oversized, RV Potential
Property / Structure Info
- Builder Name: Lennar
Unit Information
Unit 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 3
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $4,000
- Unit Type Total Rent: $48,000
- Unit Type Pro Forma: 65000
- Unit Type Type: 1
Unit 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,950
- Unit Type Total Rent: $23,400
- Unit Type Pro Forma: 23400
- Unit Type Type: 2
Unit 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,100
- Unit Type Total Rent: $25,200
- Unit Type Pro Forma: 25200
- Unit Type Type: 3
Unit Information
- Number Of Units Leased: 1
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
- Number With Dishwasher: 2
- Number With Range: 2
- Number With Refrigerator: 3
- Number With Carpet: 2
- Number With Disposal: 3
- Number With Patio: 3
Property History for 32431 Oak Hollow Court
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 32431 Oak Hollow Court
Taxable ValueLand$167,325Additions$503,180Total$670,505
Tax Record2024$10,981 ($915 / month)
Home Facts
Beds5Baths3.5Total Finished SqFt3,985 SqFtAbove Grade Finished SqFt3,985 SqFtStories2Lot Size12,196 SqFtStyleSingle Family ResidenceYear Built2012Year Renovated2013ZoningRRCountyRIVERSIDEAPN380-401-005Fireplace TypeHas Fireplace
Schools near 32431 Oak Hollow Court
This home is within Lake Elsinore Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Donald Graham Elementary School PublicK to 5 | ||
David A. Brown Middle School Public6 to 8 | ||
Elsinore High School Public9 to 12 | ||
Sycamore Academy Of Science And Cultural Arts CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Big Block Realty, Michelle Leibold, DRE #01832239
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.