$860,000
$879,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
0.54 Acres Lot
SOLD DATE : 01/16/2026
Key Details
Sold Price $860,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25257310
Sold Date 01/16/26
HOA Y/N No
Year Built 1955
Lot Size 0.540 Acres
Property Sub-Type Single Family Residence
Property Description
Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R-R
Interior
Interior Features All Bedrooms Down
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Oven, Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Parking Features Driveway, Paved
Pool None
Community Features Rural
View Y/N No
View None
Private Pool No
Building
Lot Description Back Yard, Level, Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer, Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 549130020
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry, Private Financing Available
Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry, Private Financing Available
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Darlene Parker FIRST TEAM REAL ESTATE