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    11707 Hazeldell Drive

    Riverside, CA 92505
    • $650,000
    • STATUS: ACTIVE
    • ON SITE: 8 days
    • ID#: OC21086888
    UPDATED: 155 min ago
    $650,000
    • 4
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    This is a building that have been always used by the owners as an "Income Property" where the main house have been Updated and always used as Rental for Students from "La Sierra University" or other persons as well. This property have been divided in Unit A, Unit B and a separate Suite Unit C on top of the garage in the back of the property. Current Tenants have been there for many years at a very low Rents. The main House lower level is Unit "A" with 2 bedrooms, 1 full bath, kitchen with Living room and Dining room. The second level is Unit "B" is very large with 2 bedrooms, one is a Master bedroom plus another bedroom with a 3/4 bath, Living Room, Dining Room, Kitchen, Laundry room and new flooring all through out the house. Unit "C" this is an independent separate Suite built on top of the 2 car garage with 1 bedroom with 3/4 bath plus Living Room, Dining Room and Kitchen plus good size 2 car garage.Also a very wide and long driveway with plenty of parking space. Therefore this property offers 5 bedrooms and 4 baths, located on a large corner lot for more privacy with neighbors in the back and the left side of the property and facing " La Sierra" University. Please! contact Listing Agent for access or any additional information. Please! DO NOT disturb Tenants. Due to COVI-19 Sellers request Offers Subject to Inspection from Pre-Approved Buyers with "Proof of Funds" Listing Agent has not confirm or verified all these information as stated by Seller, Seller confirm that this property is considered "Legal Non-Conforming" with the City of Riverside due to the year built in 1 This is a building that have been always used by the owners as an "Income Property" where the main house have been Updated and always used as Rental for Students from "La Sierra University" or other persons as well. This property have been divided in Unit A, Unit B and a separate Suite Unit C on top of the garage in the back of the property. Current Tenants have been there for many years at a very low Rents. The main House lower level is Unit "A" with 2 bedrooms, 1 full bath, kitchen with Living room and Dining room. The second level is Unit "B" is very large with 2 bedrooms, one is a Master bedroom plus another bedroom with a 3/4 bath, Living Room, Dining Room, Kitchen, Laundry room and new flooring all through out the house. Unit "C" this is an independent separate Suite built on top of the 2 car garage with 1 bedroom with 3/4 bath plus Living Room, Dining Room and Kitchen plus good size 2 car garage.Also a very wide and long driveway with plenty of parking space. Therefore this property offers 5 bedrooms and 4 baths, located on a large corner lot for more privacy with neighbors in the back and the left side of the property and facing " La Sierra" University. Please! contact Listing Agent for access or any additional information. Please! DO NOT disturb Tenants. Due to COVI-19 Sellers request Offers Subject to Inspection from Pre-Approved Buyers with "Proof of Funds" Listing Agent has not confirm or verified all these information as stated by Seller, Seller confirm that this property is considered "Legal Non-Conforming" with the City of Riverside due to the year built in 1947. We encourage Buyers and Agents to do their own investigation and due diligence with the City. This is a great opportunity for an aggressive Investor. At current Updated Market Rents this property can reach 7.5% Cap Rate for an Investor

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    11707 Hazeldell Drive Riverside, CA 92505

    • Price: $650,000
    • Status: ACTIVE
    • Updated: 155 min ago
    • ID#: OC21086888
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    La Sierra University
    County:
    Riverside
    Area:
    Riv Cty-Riverside (92505)
    Property Description
    This is a building that have been always used by the owners as an "Income Property" where the main house have been Updated and always used as Rental for Students from "La Sierra University" or other persons as well. This property have been divided in Unit A, Unit B and a separate Suite Unit C on top of the garage in the back of the property. Current Tenants have been there for many years at a very low Rents. The main House lower level is Unit "A" with 2 bedrooms, 1 full bath, kitchen with Living room and Dining room. The second level is Unit "B" is very large with 2 bedrooms, one is a Master bedroom plus another bedroom with a 3/4 bath, Living Room, Dining Room, Kitchen, Laundry room and new flooring all through out the house. Unit "C" this is an independent separate Suite built on top of the 2 car garage with 1 bedroom with 3/4 bath plus Living Room, Dining Room and Kitchen plus good size 2 car garage.Also a very wide and long driveway with plenty of parking space. Therefore this property offers 5 bedrooms and 4 baths, located on a large corner lot for more privacy with neighbors in the back and the left side of the property and facing " La Sierra" University. Please! contact Listing Agent for access or any additional information. Please! DO NOT disturb Tenants. Due to COVI-19 Sellers request Offers Subject to Inspection from Pre-Approved Buyers with "Proof of Funds" Listing Agent has not confirm or verified all these information as stated by Seller, Seller confirm that this property is considered "Legal Non-Conforming" with the City of Riverside due to the year built in 1 This is a building that have been always used by the owners as an "Income Property" where the main house have been Updated and always used as Rental for Students from "La Sierra University" or other persons as well. This property have been divided in Unit A, Unit B and a separate Suite Unit C on top of the garage in the back of the property. Current Tenants have been there for many years at a very low Rents. The main House lower level is Unit "A" with 2 bedrooms, 1 full bath, kitchen with Living room and Dining room. The second level is Unit "B" is very large with 2 bedrooms, one is a Master bedroom plus another bedroom with a 3/4 bath, Living Room, Dining Room, Kitchen, Laundry room and new flooring all through out the house. Unit "C" this is an independent separate Suite built on top of the 2 car garage with 1 bedroom with 3/4 bath plus Living Room, Dining Room and Kitchen plus good size 2 car garage.Also a very wide and long driveway with plenty of parking space. Therefore this property offers 5 bedrooms and 4 baths, located on a large corner lot for more privacy with neighbors in the back and the left side of the property and facing " La Sierra" University. Please! contact Listing Agent for access or any additional information. Please! DO NOT disturb Tenants. Due to COVI-19 Sellers request Offers Subject to Inspection from Pre-Approved Buyers with "Proof of Funds" Listing Agent has not confirm or verified all these information as stated by Seller, Seller confirm that this property is considered "Legal Non-Conforming" with the City of Riverside due to the year built in 1947. We encourage Buyers and Agents to do their own investigation and due diligence with the City. This is a great opportunity for an aggressive Investor. At current Updated Market Rents this property can reach 7.5% Cap Rate for an Investor
    Exterior Features

    Pool N/K Site Corner Lot Spa N/K Units With Patios 1

    Interior Features

    Heat Equipment N/K Stories 2 Story Total Baths Unit1 3 Units With Cooling 0 Units With Range Oven 2 Units With Refrigerators 0 Units With Washers 0

    Property Features

    Annual Expense Actual 22670 Assessments Yes/Remarks Buildings 2 Gross Scheduled Income Actual 49200 Home Owners Fees 0.0 Tenant Pays Cable TvElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit1 Rent Actual 3086.0 Zoning Assessor

    Listing provided courtesy of Balboa Real Estate, Inc. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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