Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Lytle Creek, 3112 Lytle Creek Road

Price: $3,888,888
Units Total: 0
Lot Size: 7,601,220
Living Area: 3,500
Year Built: 1956
Parking: 8
Days on Market: 75
Description: 3112 and 2828 Lytle Creek Road is a MUST SEE. Great Opportunity to purchase 174.5 ACRES – six contiguous tax parcels that back up to the San Bernardino National Forest: 0239-011-05,0239-311-01,02,03,20 0239-012-05, only one mile NW off the I-15 frwy. Very private with fabulous views and nearby outdoor activities like hiking, mountain biking, Lytle Creek Campgrounds. @ 3112 is a 3bed 2bath house, a 2Bed 1Bath mobile home and a 5,000 sq.ft pole barn. @2828 is a 3Bed 1Bath house. Property has 2 Year-Round Natural Artesian Springs that feed all the rentals and 1 vertical well for irrigation, land is designated semi-arid Rural Living and Resource Conservation. The Potential for this property is endless – Spring Water Extraction for bottling, sub-divide for additional residential sites, agriculture production, livestock ranching, etc.

Thermal, 69245 Polk Street

Price: $5,200,000
Units Total: 3
Lot Size: 6,272,640
Living Area: 1,600
Parking: 0
Days on Market: 154
Description: The Brown Date Garden has been a flourishing farm since the 1930’s. A one of a kind fully functioning date and citrus ranch that is a total of almost 144 acres, 57.8 on the west side of old Hwy 86 and 86.5 on the east side. The owner has spent the last five years eliminating old trees and replanting for future profit. There are numerus new trees and several acres of various Certified Organic fruit and Medjool Dates. The property includes a packing and distribution facility, four wells, two machine shops and cold storage, and a three-bedroom home. Date trees include Medjool, Barhee, Deglet Noor and Zagloo. Citrus trees include Minneola Tangelo, Sweet Lime, Grapefruit (White, Ruby, Rio Red), Lemon and Blood Orange. The potential for profit is huge with the investments and improvements made over the past five years. APN #’s 751-290-004,014,015 and 016 and 751-280-012 and 015 are all included. Trucks and equipment are negotiable outside of escrow.

15990 Highland Springs Ave

Price: $1,495,000
Units Total: 5
Lot Size: 1,299,830
Living Area: 0
Year Built: 1970
Parking: 8
Days on Market: 25
Description: Nestled and hidden, this gorgeous property is located next to an animal preserve. Accessible through private gate with keypad entry. Private road. Close to major shopping, restaurants and 10 freeway. Room to build your dream home while you live in a 2 bedroom modular house with garage. Four-Plex Apartments generate income – each apartment is 500 sq.ft – 1 bedroom, 1 bath, living room, kitchenette. 12 Stall barn that includes Kitchenette / Office area, Tack Room, Groom Stall, Feed Storage. Barn is a raised center isle. Covered, lighted, block walled Round Pen with watering system and viewing area. Metal Shop building with office, bathroom / shower and laundry – TONS of storage is approximately 5,000 sq.ft. 1,800 square foot block and steel constructed Garden House to grow your crops! Predator Proof Aviary Coop and Storage. Room for lots of Chickens! TWO 5,000 Gal water tanks. Water supplied by the City of Banning Water Co. Electricity is SCE – upgraded 400 amp Electric Panel. Zoned Agricultural.

Menifee, 29621 Woodbine Lane

Price: $725,000
Units Total: 4
Lot Size: 573,250
Living Area: 4,000
Year Built: 2000
Parking: 0
Days on Market: 17
Description: 13.16 actes loaded with trees, utilities to parcel. Has 4 rental mobiles on property, a 4 bedroom 2 bath, a 3 bedroom 2 bath, a 2 bedroom 1 bath, and a 1 bedroom 1 bath. Units are rented at $1,400.00, $1,200.00,1, 000.00, $600.00, per month. Great investment in a perfect location.

Thermal, 88675 58th Avenue

Price: $1,060,000
Units Total: 3
Lot Size: 446,490
Living Area: 0
Parking: 2
Days on Market: 63
Description: Income Property for sale! Beautiful Ranch in Thermal, CA offering 10.25 acres with two water wells, one for agricultural use running 450 gallons per minute and 450 foots deep 8.5 acres producing fruits and vegetables. The other well for domestic use running 200 gallons per minute approximately and 80 foots deep providing water for 3 houses that belong to this property. House A” with 4 bedrooms and one bathroom, house B” is a manufactured home in a permanent foundation 2 bedrooms and 2 bath, house C” 2 bedrooms and 1 bathroom. Rare opportunity 4,800 monthly income. Wonderful scenic mountain views! Direct access to a paved street, privacy, peaceful and room for more. Unlimited possibilities! Don’t miss this opportunity!

El Mirage, 2395 Linson Street

Price: $985,000
Units Total: 4
Lot Size: 435,600
Living Area: 0
Year Built: 1970
Parking: 0
Days on Market: 180
Description: 10 Acre Desert Retreat with endless opportunities for farming, homesteading, or simply relaxing. A total of four homes are on the lot, with the main being a 2,520 sq.ft ranch style home. The ranch house features hickory doors with matching hickory cabinets, double-pane windows, zoned heat, central air, 1,200 sq.ft of covered patio, large open master suite with walk through closet, quartzite floors throughout, open beamed living room, wet bar, and formal dining space. Kitchen has large island, granite tops, commercial Viking stove, and is open to the bar, formal dining, and living room. Master suite is on the east wing of the home, while the two other bedrooms are on the west wing of the home to ensure your privacy. Many more custom features worth thousands – you must see it to believe it! Three other homes on the property – most furnished, provide the current owner temporary sources of rental income and farm-hands. One home is roughly 900 sq.ft and was converted from the original shed that housed the tractor from years before. There is a single wide trailer that has recently undergone upgrades, and also the boulder building too. Over 300 trees, over 70 fruit bearing trees, vineyard, over 10 outbuildings, koi pond, park area, irrigation systems, two water wells, over 1250 gallons of water storage capacity, grey water system, pool, cowboy bar, gazebo, security gate, RV Access – dump and 30Amp outlet. Seeing is believing at this desert gem! Contact for full list of details.

Temecula, 36506 Via Verde

Price: $9,999,999
Lot Size: 430,373
Living Area: 16,000
Year Built: 1987
Parking: Yes
Days on Market: 139
Description: This established operating winery is located right on the De Portola Wine Trail in the very heart of the Temecula Wine Country. There are over thousands of wine club members and the winery has a fine reputation as an entertainment venue. A jazz band plays at the spacious covered patio overlooking the valley on weekends. This winery is a very popular location for weddings, family reunions and corporate events. Being the only dug-in wine cave into the hill in Southern California, the wine cave has over 10,000 sq.ft of indoor space to hold parties. The current annual production is about 9,000 cases and the wines have won several leading awards. There are 10 acres of land with the following grape varietals planted since 2005: 1.3 acres Merlot, 1.25 Pinotage, . 279 Mourvedre, . 465 Primativo, . 397 Petite Verdot, . 3 Petite Sirah, 1.25 Cabernet Sauvignon, 1 Malbec and 2.2 Cabernet Franc. The winery business has all the licenses required to operate and is in a sound financial footing. Along with wine-making equipment, there is also a kitchen to cater food for the events held on site.

435 South Ranch View Circle

Price: $1,150,000
Units Total: 3
Lot Size: 321,473
Living Area: 3,402
Year Built: 1974
Parking: 5
Days on Market: 34
Description: This building is situated in the exclusive Canyon Rim Villas Private Community with units overlooking the gorgeous scenery of Anaheim Hills. This property consists of 1 one bedroom / one bathroom, 1 three bedroom / two bathroom, and 1 two bedroom / two bathroom townhome units. The first unit is a spacious one bedroom / one bathroom downstairs unit close to 1,000 square foot. The second unit is a newly remodeled three bedroom / two bathroom upstairs unit that was recently rented out at high value. The extensive upgrade includes brand new kitchen appliances, granite countertops, customs paint and lighting, hardwood flooring, ceiling fan, bathrooms, windows and washer / dryer. The first two units offer adjacent covered carport parking with storage along with additional assigned open parking right next to the building. The third one is a two story two bedroom / two bathroom townhome style unit that comes with attached two car garage plus direct access to unit. All units feature their own patio / balcony and inside washer / dryer hook up. The property is conveniently set within 5 minutes from Crossroads Shopping Center and Canyon Plaza. It is also 5 minutes or less away from K-12 schools such as Imperial Elementary School, El Rancho Charter School and Canyon High School, in which all were rated 9 out of 10 by GreatSchools. In addition, the community is just right around the corner of the pristine Anaheim Hills Golf Course.

47800 National Trails

Price: $998,000
Units Total: 4
Lot Size: 269,256
Living Area: 6,804
Year Built: 1968
Parking: 44
Days on Market: 138
Description: Newberry Mountain RV Park and Motel is A Perfect Oasis in the desert located on Historic Route 66 within minutes of historic sites, towns, off road riding and shopping. Offering 18 permitted full RV hook-ups, 4 unpermitted RV Hook-ups, 8-10 Dry Camp Spaces, tent camp sites which could be converted to an additional 8-10 dry camp spaces, and 4 furnished apartments. 1 24 x 60 Manufactured Home serving as Office / Rec building and 1 24 x 44 Manufactured Home that could be used as Manager’s quarters or rented. Propane sales onsite! Easy to maintain automatic watering is in place. Conveniently located off I-40 between Los Angeles and Las Vegas. This is a clean safe park with full amenities that includes a 4-year new sparkling pool, 13 picnic tables, BBQ, two stocked lakes with free fishing, a club room with pool table, Direct TV hook-ups, Wi-Fi available, full hook-ups with 30 amp and 50 amp outlets, pull through sites that can accommodate up to a 45′ RV, telephone, clean restrooms with large showers and full laundry facilities. This park is located adjacent to I-40 and highly visible from the freeway. Newberry Springs is a short drive to Fort Irwin and the Barstow Marine Logistics Base. Burlington Northern-Santa Fe Railways is also a large driver of economic activity in the area. Park is on Commercial grade septic’s and well. 5-year new 5 K gallon holding tank. This is a Tremendous upside for hands on buyer

Jurupa Valley, 10056 60th Street

Price: $975,000
Units Total: 1
Lot Size: 263,974
Living Area: 1,073
Year Built: 1922
Parking: 2
Days on Market: 111
Description: Home sits off the street. One of the last large parcels in Jurupa Valley Ca. With 6.06 acres Home is a 4 bedroom with the charm and warm feeling of a true farm house. Property has room to add to the house or build another. Income is from the cell tower, and another tenant that is farming. Very beautiful views of the mountains and

31336 State Highway 18

Price: $490,000
Units Total: 8
Lot Size: 234,788
Living Area: 4,670
Year Built: 1952
Parking: 12
Days on Market: 134
Description:

Moreno Valley, 14275 Oliver Street

Price: $499,997
Units Total: 3
Lot Size: 221,720
Living Area: 1,900
Year Built: 1928
Parking: 4
Days on Market: 55
Description: Two on one MASSIVE lot. Renovated, with Two Separate Metered parcels, one of which with yet ANOTHER guest house on site- making 3 spaces for rental potential, or living large! Tile floors through out for easy cleaning or simple maintenence. Each property has been refurbished and renovated, while still residing on over 5 acres of flat buildable land, for wide possibilities to build, expand, or to develop for the future.

Moreno Valley, 24771 Nandina Avenue

Price: $2,800,000
Units Total: 0
Lot Size: 209,524
Living Area: 0
Year Built: 1982
Parking: 2
Days on Market: 70
Description: Development Opportunity in the fast-developing city of Moreno Valley. This 4.81 Acre parcel of land is zoned Industrial – Specific Plan 208 I. It’s current use is Residential non conforming and there is a 3 bedroom / 2 bath home that collects $1550 per month in rent. Selling as land value only. Good to have some income until completion of entitlements. Please check with city for all details. Great location. Amazon’s logistic center and so many new developments are within 1 mile. PRIME LAND TO DEVELOP. Very well located in Moreno Valley. Near March Air Reserve Base

34774 Old Woman Springs Road

Price: $299,000
Units Total: 3
Lot Size: 209,088
Living Area: 2,160
Year Built: 1946
Parking: 0
Days on Market: 56
Description: *** MULTIPLE HOMES ON THE LOT**** Perfect opportunity to build to suit or add a mobile home to increase your ROI. This is a 5 acre parcel with multiple addresses. Well has mineral rights, separately metered. 5 electrical meters in total on this lot! Perfect opportunity to create an RCFE, rehab center, or housing for multiple families. CHECK THE HUD website for potential rental income. This property includes ONE 3 bedroom 1 bath, ONE 2 bedroom 1 bath, ONE STUDIO (ONE BED, BATH, KITCHENETTE). There is also a tear down mobile home and a tear down outhouse. The possibilities are endless for this property along with the return on your investment! This property is sold in AS IS / WHERE IS condition! BRING YOUR HAMMER AND NAILS. THIS NEEDS SOME CONSIDERABLE WORK, BUT THIS IS TRULY A VERY UNIQUE OPPORTUNITY!

Yucaipa, 33385 Oak Glen Road

Price: $800,000
Units Total: 3
Lot Size: 208,216
Living Area: 3,056
Year Built: 1928
Parking: 10
Days on Market: 61
Description: Yes, you can have it all. Amazing views from this renovated, updated, and gorgeous 2056 sq.ft 4 Bed 2 Bath home. Detached 1000 (est) sqft 2 Bed 1 Bath guest house for your extended family or rent for profit. Need garage space and work shop? advertised as 3rd unit since it has rental income potential – Enjoy the 1800 sq.ft (30x60x17) steel building / shop. All of this on 4.78 acres in the heart of Yucaipa. Home is amazing throughout, with pride of ownership and quality construction and renovations. The pictures do not do this home or the view justice, you have to see it to believe it. Enjoy the amazing views, sunsets, and city lights from the large front deck. Parties and BBQ’s in the separately fenced back yard with large covered patio. Horse property, fruit trees, gardens, chickens, and farm animals. This is your own private Idaho within 5 min from the fwy and right IN town. So much potential with this land: Enjoy it the way it is, Sub-divide and take advantage of the commercial frontage, sub-divide for additional residential construction, or more. Endless possibilities are all subject to planning and approval, but the possibilities ARE there. This opportunity does not come up often, take advantage of it NOW! Check out the virtual tour link. ALSO listing under residential. See Residential listing EV18074337

Pinon Hills, 3477 Quail Road

Price: $415,000
Units Total: 2
Lot Size: 181,645
Living Area: 3,710
Year Built: 1968
Parking: 10
Days on Market: 34
Description: Two Homes on the Lot: Pinon Hills Ranch just off of Hwy 138 at Beekley two miles past the Hwy 2 to Wrightwood. 3/2 home; 4 + ac’s, and the bonus of a manufactured Home on the lot as a rental! Corrals for the Horses with sheds for Tack and feed. The View of the whole victor valley or the view of the mountains! The lot has its own park appeal with the native high desert plants, bushes and grasses throughout your property. Perfect for farming, garden, tree Farm. The interior appointments like the fireplace with insert effectively heats the home, however the furnace is much more convenient. The open floor plan of Dining room, living and Kitchen allow views through the windows out to the awesome valley! RV parking with own hook ups and 30 amp electrical outlet is conveniently located. Inside laundry for the busy family. Outside yards are separated, for dog runs, barbeques and relaxing. This ranch home is ready for your horses, pets and families.

23756 Sunnymead Boulevard

Price: $3,200,000
Units Total: 28
Lot Size: 175,547
Living Area: 24,900
Year Built: 1960
Parking: 28
Days on Market: 6
Description: First time being offered in 30 years, subject property is 100% single story cottage style building is situated on a large lot of 4.03 acres. The property consists of six, one bedroom one bathroom units, fourteen, two bedroom one bathroom units, six, three bedroom one bathroom units, and two retail units. The property is non-rent controlled area with over 50% upside in rents resulting in 8.22% CAP rate. Neatly located on a highly visibility street with even higher visibility, and it has convenient access to Freeway I-60 and I-215. The city of Moreno Valley is located at the intersection of FWY 60 and 215, and bordered by the city of Riverside and Redlands. The city of Moreno Valley contains a median household income of $54,299 and a median home price of $316,200. Investors who are seeking a mixed-use property will be great for this type of property. This investment opportunity offers a stable cash flow and an opportunity to increase rents through renovation in one of the strongest rental markets in the Inland Empire.

Mecca, 90125 70th Avenue

Price: $1,045,000
Units Total: 13
Lot Size: 175,111
Living Area: 0
Parking: 0
Days on Market: 147
Description: Price Reduction! Income Property! 4 acres of land in Mecca includes one 3 bedroom, 1.5 bath house, 12 trailers, plus room for more, all currently producing rental income. Nearly 100 date trees valued at over $1000 each facing the Santa Rosa Mountains all currently undergoing county and statewide efforts to encourage development. With Riverside County’s planned South Valley Expressway and Commercial Tourist zoning nearby, a change to the General Plan could make this land even more interesting and a great investment opportunity in one of the last frontiers remaining in California. Bring your offers!

Inglewood, 9301 CRENSHAW

Price: $26,000,000
Units Total: 80
Lot Size: 144,956
Living Area: 81,243
Year Built: 1955
Parking: Yes
Days on Market: 232
Description: DO NOT DISTURB TENANTS OR MANAGER / NO PREVIEWS OR OPEN HOUSES / **NEW ATTRACTIVE PRICE** This is one of the most sought after real estate investment opportunities in the non-rent control South Bay community of Inglewood / 20 adjacent 4-plex apartment homes each on their own separate 7,200 + sq. Ft. Parcel zoned R3 / A total of 80 units / 144,956 sq. Ft. Combined lot or 3.3 acres zoned R3 / All 2 bedroom, 1 bathroom units / Approximately 43% upside in rental income / First time on the market in over 40 years / Located in one of the fastest growing real estate markets / Just blocks away from the Forum, the Hollywood Park Redevelopment and NFL Stadium / New roofs, carport and garage parking, spacious balconies, private yards, and laundry rooms. This is a portfolio sale in which all 20 buildings must be purchased together. They include: 9301,9309,9317,9325,9333,9341,9401,9409,9417,9425,9433,9441,9501,9509,9517,9525,9533,9541,9601,9609 Crenshaw Blvd., Inglewood 90305.

1398 North Sierra Way

Price: $7,200,000
Units Total: 68
Lot Size: 144,183
Living Area: 53,776
Year Built: 1949
Parking: 0
Days on Market: 43
Description: Highlights; Competitive Offering Actual CAP Rate of 5.84 %, with a ProForma CAP Rate of 6.57 %, Offering Actual GRM of 10.49, with a ProForma GRM of 9.68 / Rental Comparables Illustrate a 98 % Occupancy Area. Rental Survey Completed 03/05/2018., $1,000,000 In Recent Property Improvements and Renovations Under Current Ownership. 60% of the Units Have Been Completely Renovated., Conservative 10% Upside in Potential Rental Income. Achieved through continued implementation of Government approved and funded programs., Currently only 30% of the Tenants are in Government funded program, allowing for future growth., 4 Units Have Fire Damage and Are Currently Under Complete Rehabilitation. Units to be Delivered per Seller in 100% Rent Ready Condition. The Mountain view manor apartments are located on a sprawling 3.31 acre lot. The property is composed of 10 + buildings, outbuildings, and cover parking structures for all units. This 68 unit apartment community possesses an attractive unit mix of 35 one bedroom / one bathroom units, 1 one bedroom / one and a half bathroom unit and 32 two bedroom / one bathroom units. Over 60% of the units have been completely renovated. Recent property improvements by current ownership exceed $1,000,000 and have been outlined below. Capital Improvements and Renovations: New Interior Paint New Flooring in units New Kitchen Cabinets and Countertops New Appliances New Bathroom Cabinets Updated Exteriors Exterior Paint and Fascia Improvements

Thermal, 64270 Vela Court

Price: $850,000
Units Total: 14
Lot Size: 141,134
Living Area: 1,152
Year Built: 2004
Parking: 1
Days on Market: 133
Description: Money money money! Rake in on this Great opportunity to own your own Residential income property! Without the headaches of repairs. This mobile home park has 14 spaces all newer units. 12 Tenants pay $420 plus a month for space each tenant pays their own utilities all on separate meters in place are in a 10 year lease agreement, 8 years remain on the lease. Rents can be raised. There is also $120,000 worth in Palm Trees! 4 septic tanks 2 are 4K gallons and 2 are 3K gallon tanks Water well is 7 years new. There is a meter for each home for water and for power each unit pays their own. Seller lives in the unit and pays; Taxes $165.33 per month (1984 per year) Insurance $110 per month Trash $250 Gas $20 Water well power $80-100 Total expenses = $635.33 per month Income from 12 units = 5040 Income from double wide = 400 (month to month may be raised to minimum $700) Income from sellers unit potential $700 Current income is $5440.00 Potential income $6440.00 Plus

21796 Cottonwood Avenue

Price: $2,999,990
Units Total: 6
Lot Size: 132,858
Living Area: 4,000
Year Built: 1960
Parking: 0
Days on Market: 354
Description: This property has 6 units on 6 Acres of land to develop for multiple family. Land value only. Good to have some income till you get entitlement. Great demand for apartments in this Area. Huge development is going on in Moreno Valley as AMAZON is building 40 Million Sf logistic center. Average unit cost in Moreno VAlley Selling over $200k / unit. Great price for multiple family land use. According to city you can build from 90- 120 units. Please confirm with city for Zoning

Glendora, 320 West Bennett Avenue

Price: $10,990,000
Units Total: 27
Lot Size: 116,829
Living Area: 31,796
Year Built: 1963
Parking: 60
Days on Market: 21
Description: The Sierra West is a 27-unit luxury single-story garden-style apartment community on the foothill area in the City of Glendora, California. This offering presents a rare opportunity for investor to acquire a well located and stabilized upgraded luxury apartment community in the foothill area of the San Gabriel Valley sub-market. It is in a strong demographics area with average household income of ±102,000 in a mile radius, located 3 blocks away from downtown Glendora “The Village”, and across the street from community of single family houses. The property was built in 1963 and is situated on an oversized lot of 2.64 acres (±115,000 sq.ft). The 27-units are spread out to 10 separate single-story buildings on different locations that create a spacious single family residential atmosphere for the tenants. It offers an excellent unit mix of six (6) 3 bedroom + 2 bathroom, eighteen (18) 2 bedroom + 2 bathroom, and three (3) 2 bedroom + 1 bathroom units, each with large private patio (±300 sq.ft). The buildings are comprised of wood frame and stucco construction with pitched, composition-shingle constructed roofs. The community is served by three laundry facilities, a gated swimming pool with men’s and women’s restroom, controlled access with intercom system, gated parking (west side entrance), covered parking, directory, water fountain, and much more! Each unit is a bungalow style single-story apartment complete with private large patio (average ±300 sq.ft).

Baker, 72519 Rio Grande

Price: $133,000
Units Total: 2
Lot Size: 108,900
Living Area: 2,150
Year Built: 1973
Parking: Yes
Days on Market: 21
Description: This Baker property consist of a 2 Bed 1 Bath 1,271 sq.ft home, along with a 2 Bed 2 Bath Single Wide Mobile Home. They both sit on a 2 and 1/2 Acre Lot. Rio Grande Road has been changed to Silver Lane. Property is located at the Northern end of Baker, with open desert views as far as the eye can see. Property has all utilities. The lot is 327 x 332. This is a wood frame built home with a tile roof. Wood heater in Home. Both houses are hooked up to sewer.