3295 RubidouxJurupa Valley, CA 92509

Description

Attention agents… Look forward to showing this spacious, nearly 1/2 an acre, (8) unit garden style apartment building. Two parking spaces in front of a single-story unit with a large rear yard area. Long-term tenants with a 7 1/4% cap return and additional upside. Most of tenants pay by direct deposit balance pays to dropbox in laundry room. These rents can be picked up when emptying building owned speed Queen Laundry machines. **($157,860 income yielding a 7.25% cap return on no deferred maintenance asset)** Within the last 4 to 6 years building has been ***re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water, heaters, shut offs, and hose bibs. ***PELLA dual glazed windows installed throughout*** Metal exterior entry doors and weatherstripping, jambs and hardware. *** raised panel interior doors with new farm style casing, baseboards, and trim. ***new closet, interiors with high low shelving and sliding mirror doors *** openable, and retractable window, blind coverings *** lockable mailboxes recently added. *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodels. *** over the range microwave, dishwashers gas oven/cooktop. *** new rear metal doors with openable window or blinds that opens to recently slurry coated patio area and new wood fencing. *** electrical sub-panels upgraded, new childproof Decora plugs, GFI’s and LED fixtures. ***Exterior of building, porches, handrails, and wrought iron fencing recently painted. Five of eight units have completely new interiors, three units with updated interiors. Entire parking lot area was recently slurry coated, and re-striped. Avocado and citrus trees are there for tenants enjoyment. >>> (the five storage containers available at $160 per month each and the income is included in the gross scheduled income)<<< (Offers subject to cancellation of existing escrow)

Property Information

Property type

Residential Income

Sub-type

Apartment

Style

Bungalow

Year built

1980

Stories

1

Building area

4,400 Sq Ft

Lot size

0.42 acres

Garage spaces

10

Parking spaces

1

Days on market

123

MLS^® Listing#

OC26103806

Property Features

Appliances

Built-In Range · Gas Oven · Gas Range · Gas Water Heater

Heating

None

Fireplace

Family Room · Kitchen

Pool

None

Parking

Asphalt · On Site · Off Street

Laundry

Common Area · Inside · Laundry Room

Fencing

Block · Wood · Wrought Iron

Construction

Stucco

Foundation

Block · Concrete Perimeter · Pillar/Post/Pier · Raised

Roof

Asphalt

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Community

Curbs · Golf · Park · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

179093020

Directions

60 freeway to off at Rubadue Blvd., West two building on right hand side