Murrieta, CA 92563,28239 Via Princesa
Murrieta, CA 92563,28239 Via Princesa
Murrieta, CA 92563,28239 Via Princesa
Murrieta, CA 92563,28239 Via Princesa
Murrieta, CA 92563,28239 Via Princesa
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$2,950,000

$2,950,000

Est.Price: ?

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Est. payment /mo

1 Acres Lot


SOLD DATE : 11/25/2020

Key Details

Sold Price $2,950,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV20180558

Sold Date 11/25/20

HOA Y/N No

Year Built 1987

Lot Size 1.000 Acres

Property Description

We are pleased to offer for sale this pride of ownership asset located in the highly desirable rental community of Murrieta. Located just minutes to the city of Temecula, and situated on an acre of land, the subject property is comprised of 16 (2 Bedroom / 2 Bathroom) units. The rental units offer spacious living with an average unit size of 852 sqft, and tenants enjoy amenities such as Central A/C & Heat, private balcony or patio, onsite car-port and open space parking, access to a sparkling pool and jacuzzi, as well as an onsite recreation room. Units are separately metered for electricity and gas, while the owner pays for water and trash. There is an onsite leasing office, an onsite laundry room (machines owned by owner), and the subject property is securely gated with two automatic gated entry points. Offered at a current 4.76% CAP Rate and 11.3 GRM, not to mention priced attractively at $184,375 per unit, this property offers the next investor a great opportunity for cash-flow and growth.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Carport Spaces 16

Pool Community, In Ground

Community Features Curbs, Gutter(s), Sidewalks, Pool

Total Parking Spaces 32

Private Pool No

Building

Lot Description 16-20 Units/Acre, Lot Over 40000 Sqft

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 913172002

Energy Description 4583.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000
Bought with Alex Figueroa • Keller Williams Brea Fullerton
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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