10725 50th Street,  Jurupa Valley CA, 91752 (Residential Income)

2,398 sqft
Status: Active
MLS#: TR16155689
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Last Updated: 12/4/2016 10:39 PM
Description for 10725 50th Street Jurupa Valley, CA 91752
Three income producing units on one large lot with additional income opportunities! This triplex was completely renovated in 2012. All three units are completely separated by wood fencing for privacy. A separate entrance opens up to an oversized lot just waiting to be taken advantage of for the right purpose whether it's horse boarding/training, nursery, or equipment storage. With two 2 bedroom units and one 3 bedroom unit, this property is cash flowing great at lower than market average rental rates. Current owners just put in over $20,000 worth of upgrades and capital improvements including separate electrical meters to reduce expenses, a brand new hot water heater, and multiple plumbing and roof repairs. All three units are fully leased and rents have not been raised in at least two years. The real opportunity in this property lies within the oversized lot in the rear of the property. The lot has been leveled and cleaned out awaiting the perfect agricultural or livestock business. Along with water-efficient yards, the tenants currently do not pay any utilities which gives any new landlord the opportunity to increase their income from day one by having all tenants pay their own utilities. The property is located within the developing City of Jurupa Valley!
Price
$749,700
Riverside
2,398 (approx)
TR16155689
Active
Description
Three income producing units on one large lot with additional income opportunities! This triplex was completely renovated in 2012. All three units are completely separated by wood fencing for privacy. A separate entrance opens up to an oversized lot just waiting to be taken advantage of for the right purpose whether it's horse boarding/training, nursery, or equipment storage. With two 2 bedroom units and one 3 bedroom unit, this property is cash flowing great at lower than market average rental rates. Current owners just put in over $20,000 worth of upgrades and capital improvements including separate electrical meters to reduce expenses, a brand new hot water heater, and multiple plumbing and roof repairs. All three units are fully leased and rents have not been raised in at least two years. The real opportunity in this property lies within the oversized lot in the rear of the property. The lot has been leveled and cleaned out awaiting the perfect agricultural or livestock business. Along with water-efficient yards, the tenants currently do not pay any utilities which gives any new landlord the opportunity to increase their income from day one by having all tenants pay their own utilities. The property is located within the developing City of Jurupa Valley!
Listing Information
Property Type: Cluster, Traditional, 1 Story
1.64 Acres 7,143,800 sq.ft. 2,398 (approx)
$312.64 1963
1 Stucco
Gas Water Heater, Common Hot Water Heater, Private
3 Total
Neighborhood
Room Information
Outside
Bathtub
Interior Features
Garbage Disposal, Gas Range/Cooktop, Range Hood, Carbon Monoxide Detector
Carpet and Other, Ceramic Tile
Window/Wall Unit, Ceiling Fan(s)
Wall Unit
Part Copper Plumbing
No Fireplace
Alarm -Smoke/Fire,
Granite Counter Top, Window Blinds
Exterior / Lot Features
6 Parking Spaces, Driveway, Off Street, RV parking, Shared Driveway
Stucco
Composition
None
No Pool
A-1
Wood
Two On a Lot, Suburban, Meadow, Horse Property
Driving Directions
Cross Streets: Troth St. and Martin St.
Financial Considerations
159151001
$46,800 Income ,$16,627Expense
Listing Price History

Jurupa Valley Real Estate

Jurupa Valley is located in California. Jurupa Valley, California 91752 has a population of 97,673.

The median household income in Jurupa Valley, California 91752 is $55,516. The median household income for the surrounding county is $57,096 compared to the national median of $53,046. The median age of people living in Jurupa Valley 91752 is 30.4 years.

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Courtesy: Advantage Real Estate Marc Murano
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