41816 Acacia E Avenue
Description
Property Details: Consisting of eight units spread across six well-maintained buildings. Market Rent: All rented units are at market rates, maximizing the return on investment. Impeccable Maintenance: The...Long-Term Investment Opportunity in Hemet, California. Welcome to this exceptional long-term investment opportunity in the great city of Hemet, California! This eight-unit multifamily property boasts numerous highlights that make it a fantastic choice for investors seeking a stable income stream:
Property Details: Consisting of eight units spread across six well-maintained buildings. Market Rent: All rented units are at market rates, maximizing the return on investment. Impeccable Maintenance: The property is immaculately maintained, reflecting pride of ownership. Desirable Location: Situated on an expansive lot in a quiet neighborhood, offering a peaceful living environment for tenants. Profitability: With long-term tenants in place, this property is a very profitable investment opportunity. Don't miss out on this chance to own a lucrative income-producing property in a prime location. Contact us today to seize this outstanding investment opportunity in Hemet, California!
- Listed by Angel Arreguin • DRE #01804048 • Brokerage DRE #02134759 • PACIFIC & CO REAL ESTATE SOLUTIONS • 909-200-0266
Property Details for 41816 Acacia E Avenue
Property Details for 41816 Acacia E Avenue
| Status | Active |
|---|---|
| MLS # | CV24136098 |
| Days on Market | 141 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2006 |
| Lot Size | 1.01 AC / 43,996 SF |
| County | Riverside County |
Building Information for 41816 Acacia E Avenue
Property Information for 41816 Acacia E Avenue
- Tenant Pays: All Utilities
- Gross Income: $0
- Gross Scheduled Income: $191,940
- Gross Operating Income: $191,940
- Net Operating Income: $175,500
- Cap Rate: 6.5
- Operating Expense: $16,500
- Insurance Expense: $5,900
- Professional Management Expense: $0
- Trash Expense: $0
- Total Expenses: $16,500
- Tax Block: 115
- Tax Tract Number: 071078
- CFD/Mello-Roos Fee: $119
- Tax Lot: 3
- Accessibility Features: Parking
- Disability Access: Other Main Level Modifications
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Sidewalks
- Appliances: Gas & Electric Range
- Equipment: Inside
- Interior Features: Ceiling Fan(s), Open Floorplan
- Room Type: All Bedrooms Down, Living Room
- Bedroom Features: All Bedrooms Down
- Laundry: Yes
- Laundry Features: Inside
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Flooring: Carpet, Laminate, Vinyl
- Virtual Tour URL Branded: https://attractivehomephotography.hd.pics/41816-Acacia-E-Ave
- Virtual Tour URL Unbranded: https://attractivehomephotography.hd.pics/41816-Acacia-E-Ave/idx
- Door Features: Panel Doors
- Window Features: Double Pane Windows
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Construction Materials: Drywall Walls, Stucco
- Exterior Construction: Stucco
- Exterior: Stucco
- Exterior Features: Lighting
- Roof: Shingle
- Entry Location: Front
- Fence: Yes
- Fence: Vinyl
- Fencing: Vinyl
- Foundation Details: Raised, Slab
- Property Condition: Updated/Remodeled
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 6-10 Units/Acre
- Number Of Units: 8
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: Private Road
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
- Electric: Standard
- Water Source: Public
- Garage Spaces: 8
- Parking: Yes
- Parking Garage: Garage, Parking for Guests
- Uncovered Spaces: 10
- Open Other Spaces Total: 10
- Parking Garage Spaces: 8
- Carport Spaces: 8
- Parking Features: Garage, Guest
- Unit Type Units Total: 4
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 8
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,650
- Unit Type Total Rent: $1,650
- Unit Type Pro Forma: 1650
- Unit Type Type: 1
- Unit Type Units Total: 4
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 8
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,335
- Unit Type Total Rent: $2,335
- Unit Type Pro Forma: 2335
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 8
- Number Of Separate Electric Meters: 8
- Number Of Separate Gas Meters: 8
- Number Of Separate Water Meters: 3
Property History for 41816 Acacia E Avenue
| 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.
Schools near 41816 Acacia E Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Little Lake Elementary School PublicK to 5 | ||
Dartmouth Middle School Public6 to 8 | ||
Hemet High School Public9 to 12 | ||
Academy of Innovation Public6 to 12 |
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of PACIFIC & CO REAL ESTATE SOLUTIONS, Angel Arreguin, DRE #01804048
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.