Description
Investment opportunity! This 4-unit income property offers a great opportunity for investors looking to add a multi-unit asset with existing rental income to their portfolio. The property consists of two separate buildings with a desirable unit mix of three 2-bedroom, 1-bath units and one studio unit. The property has benefited from updates throughout, including one recently refreshed unit featuring new flooring and interior paint, while other units have also received improvements over time. Cooling options vary by unit, with some offering central A/C and others equipped with wall A/C units. All units are currently occupied by month-to-month tenants at established rents, providing immediate income along with future flexibility for an investor. The property offers a relatively low-maintenance setup and multiple income streams under one ownership. With four units, two separate structures, existing tenants, and improvements already completed, this is an opportunity to acquire an income-producing property with long-term investment potential. Buyer and buyer's agent to independently verify all property information, unit configuration, rents, expenses, permits, square footage, and other details to their satisfaction.
Details
| MLS # | CV26216813 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 31 |
| Listing Provided By | eXp Realty of Southern California Inc | Victor Serna-Delgado |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,286 |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 0.19 |
| Property View | Yes |
Interior
| Cooling | Central Air, Wall Window Units |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Other, Septic Type Unknown |
|---|
Location
| Community Features | Foothills, Mountainous, Rural |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Mecca |
| Zip Code | 92254 |
| Area | 310 Mecca | North Shore |
| Community Name | Sungold (31101) |
| Listing VS Median (in Sungold (31101)) | |
Price: $535,000 low | high Med: $535,000 sqft: 2,286 low | high Med: 2,286 $ / sqft: $234 low | high Med: $234 On site: 31 low | high Med: 31 | |
Market Activity 92254
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Mecca |
| Zip Code | 92254 |
| Area | 310 Mecca | North Shore |
| Community Name | Sungold (31101) |
| Listing VS Median (in Sungold (31101)) | |
Price: $535,000 low | high Med: $535,000 sqft: 2,286 low | high Med: 2,286 $ / sqft: $234 low | high Med: $234 On site: 31 low | high Med: 31 | |
 | $535,00099340 LookoutMecca, CA 92254 |
