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Jonathan Shaffer

jonathan@shafferrealestategroup.com +1(408) 608-4659

Listed by Joe Morrison, DRE #01434414 • West Shores Realty, Inc.

$ 1,680,000

Est. payment -/mo

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Price Dropped by $100K

3295 Rubidoux Jurupa Valley, CA 92509

0.42 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26103806

Style Bungalow

Year Built 1980

Lot Size 0.420 Acres

Source California Regional MLS

Property Description

Attention agents. Look forward to showing this spacious, nearly 1/2 an acre, (8) unit garden style apartment building. Two parking spaces in front of a single-story unit with a large rear yard area. Long-term tenants with a 7 1/4% cap return and additional upside. Most of tenants pay by direct deposit balance pays to dropbox in laundry room. These rents can be picked up when emptying building owned speed Queen Laundry machines. **($157,860 income yielding a 7.25% cap return on no deferred maintenance asset)** Within the last 4 to 6 years building has been ***re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water, heaters, shut offs, and hose bibs. ***PELLA dual glazed windows installed throughout*** Metal exterior entry doors and weatherstripping, jambs and hardware. *** raised panel interior doors with new farm style casing, baseboards, and trim. ***new closet, interiors with high low shelving and sliding mirror doors *** openable, and retractable window, blind coverings *** lockable mailboxes recently added. *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodels. *** over the range microwave, dishwashers gas oven/cooktop. *** new rear metal doors with openable window or blinds that opens to recently slurry co

Location

State CA

County Riverside

Area 251 - Jurupa Valley

Rooms

Kitchen Other, Oven Range - Gas, Oven Range - Built-In, Oven - Gas

Interior

Heating No Heating

Laundry In Laundry Room, Laundry Area, Other, Community Facility

Exterior

Parking Features Common Parking Area, Off-Street Parking, Other, Parking Area, Uncovered Parking

Garage Spaces 10.0

Pool None

View None

Roof Type 2

Building

Story One Story

Foundation Pillars / Posts / Piers, Raised, Concrete Block, Concrete Perimeter

Water District - Public

Architectural Style Bungalow

Others

Tax ID 179093020

Special Listing Condition Not Applicable

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Phone

+1(408) 608-4659

jonathan@shafferrealestategroup.com