11411 Cherry Avenue, Cherry Valley, CA 92223
-
Listed Price :
$2,888,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1961
Property Description
Welcome to this fantastic investment opportunity in Cherry Valley, CA! This newly renovated property features 7 thoughtfully designed units, each offering the convenience of in-unit laundry hookups, central air conditioning, and heating.
Out of the 7 units, 6 are equipped with their own private 1-car garage, providing secure and convenient parking for tenants. Each unit is designed with comfort and practicality in mind, making them highly attractive to prospective renters.
With its blend of essential amenities and potential for rental income, this property presents an exceptional opportunity for investors or property managers looking to expand their portfolio. The strategic location in Cherry Valley ensures consistent demand and offers a promising return on investment. Don’t miss out on the chance to own this versatile and income-generating asset! Currently generates $17,750 in rental income, rent increase potential. Seller financing available.
Interior Features
Laundry Information |
Location(s) |
In Garage, Outside, See Remarks |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Cooling Type |
Central Air |
Listing Information
Address |
11411 Cherry Avenue |
City |
Cherry Valley |
State |
CA |
Zip |
92223 |
County |
Riverside |
Listing Agent |
MINERVA RODAS DRE #02152314 |
Courtesy Of |
PONCE & PONCE REALTY, INC |
List Price |
$2,888,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
81,022 |
Year Built |
1961 |
Listing information courtesy of: MINERVA RODAS, PONCE & PONCE REALTY, INC. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.