Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 7045 S La Cienega

Price: $1,295,000
Units Total: 5
Lot Size: 313,675,560
Living Area: 3,706
Year Built: 1953
Parking: 5
Days on Market: 33
Description: Pleasant, well maintained bread ‘n butter units in a fast developing neighborhood. Many lots on this block have been redeveloped. Great potential. Income is actual. Expenses are estimated. Buyer to confirm. Please do not disturb the tenants. Shown on accepted offers only.

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: 251
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.

Hesperia, 8531 Glendale Avenue

Price: $4,000,000
Units Total: 0
Lot Size: 3,620,707
Living Area: 10,215
Year Built: 1950
Parking: 3
Days on Market: 39
Description: The Luckey Alfalfa Ranch! 83 + acres 4 parcels including 10 outbuildings at 10,215 square feet; 3 homes with 9 bedrooms 8 bathrooms at 7,446 square feet; an office with bathroom at 1,750 square feet; 70 + acres of prime agricultural land most recently farmed as Alfalfa; 300 acre feet water shares in the Mojave Water Basin (Alto-Sub Area) currently valued at $1,500,000. The possibilities for the 60 + acres (Parcel #24 and #48 – Zoned Rec / Com and A-2) which are contiguous are numerous; Agricultural: Alfalfa, Sod Farm, Tree Farm, Pistachio, Jujube, Peaches, Nectarines, Plumbs, Pears and Cherries, Carrots, Onions, Small Grains, Hemp, Grapes / Wineries. In addition to the Agricultural possibilities there are other developmental possibilities: Sports Complex (Soccer, Baseball, Foot Ball, Skate Park, Polo Fields), Music Concert Venue, Alfalfa Museum, Solar Farm, Wind Farm, Arboretum, University (Weather and Agricultural Studies), Stadium Site, Mini NFL Camp, Horse – Dog – Race Car Track Site, Rodeo Site, Horse Farm, Fairground Site, Private Air landing Field and Runway, Mobile Home or duplex sites along the southern border. The development possibilities increase as you head north to the NE corner of Rocksprings and Glendale – This piece is 15.43 acres 10 + acres is Buildable – Currently Zoned A-2 buildable unit=2.5 acre. To the immediate W and SW of the property are 18,000 to 20,000 sq. Ft. Home sites creating a possible 20 -. 5 acre developable home sites.

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: 114
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: $999,000
Units Total: 3
Lot Size: 446,490
Living Area: 0
Parking: 2
Days on Market: 160
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: 277
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.

Santa Ana, 5401 Roosevelt Avenue

Price: $895,000
Units Total: 2
Lot Size: 348,480
Living Area: 3,300
Year Built: 1921
Parking: 3
Days on Market: 18
Description: Great spacious duplex home with 2 units: Lot size close to 9,000 sq.ft. 1st unit 2569 sq.ft (2 story); 2nd unit is close to 800 sq.ft, 3 car garages with 3 inside, 4 cars park outside and around can park 10 cars in this lot. In front unit is two story house has 2,569 sq.ft with 5 bedrooms and 3 baths (2 bedrooms, 1 bath downstair; upper level is 3 bedrooms and 2 baths) Remolded Kitchen with granite counter top and recessed lights. Upgrade baths. 2nd Unit is close to 800 sq.ft with 3 bedrooms and 2 bathrooms (permitted). Heart of Little Saigon. Rare duplex. Great income. This 2nd unit looks bigger 800 sq.ft. Agents and buyers should verify for your own interested.

21796 Cottonwood Avenue

Price: $2,499,000
Units Total: 6
Lot Size: 261,360
Living Area: 4,000
Year Built: 1960
Parking: 0
Days on Market: 451
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. PRICE REDUCED BY $500000 FOR FAST SALE. MAKE OFFERS

20130 Monte Vista Street

Price: $900,000
Units Total: 4
Lot Size: 217,800
Living Area: 5,012
Year Built: 1992
Parking: 9
Days on Market: 39
Description: 5 Acres Property. Enjoy Desert Living! Perfect for Weddings, Private Events, Church Retreats or a Horse Ranch. The main House has over 5000 Approx Sq. Fd.) with Three patios and private Pool, Guest House #1 (800 Approx Sq. Fd.) 1 Bed / 2 Bath, Guest House #2 (720 Approx Sq. Ft) 1 Bed / 1 Bath with a RV Carport, Theater with a wet bar (800 approx Sq. Ft), Two Stores 12×32, Custom Horse Barn, with a gorgeous Acres Lake, 18′ water fall and a private Well.

Torrance, 23314 Marigold Avenue

Price: $419,000
Units Total: 1
Lot Size: 209,768
Living Area: 1,066
Year Built: 1973
Parking: 0
Days on Market: 31
Description: EXCELLENT RENTAL PROPERTY. PRESENTLY, TENANT OCCUPIED. MONTH TO MONTH LEASE. TENANTS WOULD LIKE TO REMAIN IN POSSESSION AFTER THE CLOSE OF ESCROW. OR THE UNIT COULD BE DELIVERED VACANT – BUYER’S CHOICE. This is an ideal situation for the first-time real estate investor as there is considerable upside based on market rents. This is a low Maintenance unit as the interior condition is excellent. The Homeowner Association covers all exterior expenses. HOA Fees are a low $359.05 per month (Gardener, water, hot water, trash pickup, sewer and Earthquake insurance are included in HOA Fees) Tenant pays all other utilities. Conveniently located near restaurants, shopping and public transportation. Freeway access is only minutes away. FHA and VA approved Complex. POTENTIAL ANNUAL GSI OF $31,200.

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: 166
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: 153
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!

Winchester, 33796 Arthur Road

Price: $734,000
Units Total: 3
Lot Size: 208,217
Living Area: 3,011
Year Built: 1990
Parking: 5
Days on Market: 9
Description: WOW 2 LEGAL HOUSES ON 1 LOT! INCOME PRODUCING Property is situated on almost 5 ACRES. TEMECULA SCHOOL DISTRICT! This property has it all. Larger home has 4 bedrooms and 3 bathrooms and a 3 car Garage. Nice large family room with a rock fireplace, spacious kitchen that overlooks the entertainment area. It has a brand new appliances 2.5 yrs old) NEW ROOF is only 2 years old! , septic has been updated and there are SOLAR PANELS You even have a bonus room perfect for a game room and gatherings. The second home is a Manufactured and is only 4 years. It is a 3 bedroom and 2 bath with its own driveway and entrance. 2 car oversized garage and guest has has it own private yard DO YOU HAVE HORSES? We HAVE 10 TOTAL STALLS! That consist of a 4 horse BARN with 2 in’s / out’s, and 2 stud stalls, 6 large covered pipe corals with shelters. There are 2 large turn outs consisting of 200×150 and the other one is 80×60. This is a great equestrian property. No need to restrict on water as you have your OWN WELL! You can go right out of your property and have miles and miles of riding. There is a 3 car garage on main house that has indoor laundry and a full bathroom inside it. Perfect for a mudroom. The guest house also has oversied 2 car garage. You wont want to miss this one. THIS IS A ONE OF A KIND AND RARE PROPERTY WITH 2 HOUSES. There is plenty of room for RV’s, Boats. Or even built a BMX Track.

Yucaipa, 33385 Oak Glen Road

Price: $625,000
Units Total: 3
Lot Size: 208,216
Living Area: 3,056
Year Built: 1928
Parking: 10
Days on Market: 158
Description: $100,000 HUGE Price reduction. Yes, you can have it all. Amazing views from this renovated, updated, and gorgeous 2056 sq.ft 4 Bed 2 Bath home. This IS NOT a manufactured / mobile home. Both main house and guest house are stick built homes. 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

Perris, 26910 PLACENTIA Avenue

Price: $649,000
Units Total: 2
Lot Size: 204,732
Living Area: 2,520
Year Built: 1964
Parking: Yes
Days on Market: 33
Description: 4.7 Acres lot with two of your dream homes in Perris California. First one with 3 bed / 2 bath with 2,520 living area and 2nd property with a huge veranda. 5miles to Lake Perris and hunting ground. 40 min drive to Cabazon premier outlet. 50 min to Palm springs resort. Land of opportunity. Great property to live, build your ownfarm / ranch and invest. Property is being sold as-is.

Mecca, 90125 70th Avenue

Price: $998,000
Units Total: 13
Lot Size: 175,111
Living Area: 0
Parking: 0
Days on Market: 7
Description: 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!

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: 140
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: 230
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

Victorville, 14243 Rodeo Drive

Price: $6,590,000
Units Total: 60
Lot Size: 111,325
Living Area: 48,726
Year Built: 1986
Parking: 60
Days on Market: 64
Description: Northport Apartments is a 60-units community, situated on 2-1/2 acres, consisting of seven residential 2-story buildings, a pool, and laundry facilities. The location of the complex is just minutes from shopping, public transportation, and access to interstate 15. Northport offers exclusively two bedroom, two bath floor plans with either an upstairs balcony unit, or a downstairs garden patio.

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: 118
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.

Perris, 23610 Ancash Court

Price: $400,000
Units Total: 0
Lot Size: 108,900
Living Area: 2
Year Built: 1989
Parking: 2
Days on Market: 53

Fontana, 8403 Mulberry Avenue

Price: $975,000
Units Total: 2
Lot Size: 104,108
Living Area: 2,100
Year Built: 1952
Parking: 3
Days on Market: 52
Description: 2.4 acres lot with two homes. First home is a three bedroom one bath with a car garage back house is a three bedroom one bath with a two car garage. The back house is currently rented. Storage space also rented in the back. Great opportunity do not let this one pass you.

Jurupa Valley, 5780 Dodd Street

Price: $499,000
Units Total: 3
Lot Size: 102,366
Living Area: 1,956
Year Built: 1944
Parking: 10
Days on Market: 11
Description: This horse property sits on a huge lot with approved floor plan to split into 3 parcels and build 3 houses, front house is 3/2 bedroom and 1/1 back unit and a 1/1 mobile home. There is also a Deep Well with pump and lots of free water to plant your vegetables or feed your horse / goat there. Very good location highly desirable centrally located to Schools / Shopping / Parks 15 Fwy, next to rapidly growing Eastvale / Corona area. Buyer to verify city permits and all inspections pertaining to the property. Do not walk on the property there are couple big dogs. Write offer subject to interior inspections.

Idyllwild, 53665 Westridge Road

Price: $865,900
Units Total: 2
Lot Size: 99,752
Living Area: 3,075
Year Built: 1962
Parking: 1
Days on Market: 230
Description: Stunning 2.29 acres family estate, offers single story 4bdrm / 3.5bth home and separate 1/1 guest house. Main house boasts large, raised ceiling grand room w / both original river rock fireplace + propane stove, access to the delightful screened in porch + distant ridge views throughout. Bright kitchen is chef’s delight, including classic O’Keeffe + Merritt range. Inviting family rm. W / river rock fireplace / woodstove insert savors more outdoor views. Master suite has propane stove + . 75 bath + 3 more bedrooms + various baths. Rock lined paths lead to separate guest cottage w / kitchen, fireplace / insert + full bath w / more views. Basement work shop / storage, car port + many parking areas. Surrounding features include swimming and wading pools, water feature, 2 built-in outdoor grills + multiple furnished patios, extensive decking; all providing the gift of nature surrounding you. This could be your perfect family estate, enveloped in peace and beauty that will simply take your breath away!