5746 Tilton, Jurupa Valley, CA 92509
sale
$2,680,000
|
Other
Courtesy Of West Shores Realty
Unique offering of a 14 unit turn key asset with long-term tenants and a current cap rate of 8.25%! No deferred maintenance! (80%) of tenants pay by direct deposit and balance of tenants pay via dropbox in laundry room. Balance of rents are picked up when emptying building owned Speed Queen washers & Dryers. *($222,560 NET income with an 8.25% cap rate on a no deferred maintenance 14 Plex)* and, within the last 4 to 6 years: *** building re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water heater, circulating pump, shut offs, and hose bibs. *** PELLA dual glazed windows installed throughout *** exterior entry doors and weatherstripping, jambs and hardware *** raised panel interior doors with new farm style casing, baseboards casings and trim *** new closet, interiors, high low shelving, and mirror doors *** retractable, and openable window blinds *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodel *** over the range microwave, dishwashers, gas oven/cooktop new installation *** all deck areas continuously maintained, and recently re-coated *** electrical panels upgraded, child proof Decora plugs, new GFI's, new smoke detectors, CO2 protectors with installation of LED lighting *** outside lighting, including new sconces, new parking lot, lighting, and LED lighting on light sensor *** all roof area, continuously maintained and recently recoated in an Elastimeric product *** painting of exterior building, handrails, and wrought fencing/gates *** parking area recently slurry coated, and re-striped. Required handicap parking in place. *** avocado, and citrus trees are available for tenants enjoyment The lot that this 14 Plex is on is 10,454 ft.2 with a 6424 square-foot dwelling built in 1981. Also available is adjacent 11,326 ft.2 lot with an 8 x 16 storage container on site. Combined these lots total 1/2 acre and per Edgar, at the Jurupa Valley building department, these lots combined could allow for eight additional dwelling units, (8-ADU's). Do your own due diligence on how to develop this property further.
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Property Features
- Age: 41-50 Years Old
- Appliance: Gas Water Heater
- Appliance: Gas Oven
- Appliance: Gas Range
- Appliance: Dishwasher
- Appliance: Free-Standing Range
- Architecture Style: Contemporary
- Building Units: 14
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Stucco
- Floors: 2
- Heating System: Central
- Heating System: Wall Furnace
- MLSID: OC26103800
- Parking Spaces: 16
- Roof Type: Synthetic
- Rooms: Bathroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Laundry Room
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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