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$1,199,900
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5941 Limonite Ave
Jurupa Valley, CA 92509
7 bed 4 bath 3,620 SqFt ($331/SqFt)
8,712SqFt lot. Built 1964
Listed 2024-04-08, Taxes $6,128
Ⓧ USDA Ineligible
due to price & location

near Jurupa Valley

Latest Value Estimates: $841,543 from Quantarium on 2024-04-03. Forecast Estimate Value:$891,230 in 2025-04-01 by Quantarium.

Don't miss the opportunity to own this exceptional investment property!

This 4-unit property offers 3, 620 sqft f living space on an 8, 720 s qft lot. Property will be sold with TWO VACANT UNITS waiting to be filled. With a mix of units including 3-bed/1-bath, 2-bed/1-bath and TWO 1-bed/1-bath layouts, this quadraplex offers flexibility for rental income or owner-occupancy with supplemental rental potential. All 4 units have recently been refurbished. Property offers 5 carports for parking and additional uncovered parking. outdoor space and easy freeway access. Live in one and rent the other units!

Explore this centrally located gem today!


Presented by Moises Moran at
EXP REALTY OF SOUTHERN CALIFORNIA INC.


Property MLS #IV24060187 from CRMLS

Bedrooms: 7

Laundry Features: Common Area

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 4

Carport Spaces: 5
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport
Parking Total: 10

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.2
Lot Size Source: Assessor
Lot Size Square Feet: 8712

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2

Community Features: Hiking

Source Listing Status: Active
County: Riverside
Cap Rate: 7.30
Source Property Type: Residential Income
Insurance Expense: 350.00
Area: 251 - Jurupa Valley
Source Neighborhood: 251 - Jurupa Valley
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 182280009
Postal Code Plus 4: 6567
Trash Expense: 65.00
Zoning: R-3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$463,704 + $85,850
$549,554
$6,128
2021$454,612 + $84,167
$538,779
$6,086
2020$449,951 + $83,304
$533,255
$6,032
2019$441,129 + $81,671
$522,800
$6,090
2018$432,480 + $80,070
$512,550
$5,895
2017$424,000 + $78,500
$502,500
$5,834
2016$247,721 + $194,928
$442,649
$5,191
2015$321,293 + $71,398
$392,691
$4,633
2014$315,000 + $70,000
$385,100
$4,325
2013$216,403 + $54,100
$270,603
$3,107
2012$212,160 + $53,040
$266,200
$3,307
2010$194,034 + $66,065
$282,099
$3,461
2009$211,982 + $71,764
$305,746
$3,436
2009$211,478 + $71,593
$305,071
$3,436
2008$207,826 + $70,357
$300,183
$3,353
2007$203,751 + $68,978
$294,729
$3,286

Listed 2024-04-08
$1,199,900
CRMLS
Listing removed 2022-11-04
$0
CRMLS
Listed 2022-08-16
$975,000
CRMLS
Listing removed 2022-08-14
$0
CRMLS
Listed 2022-04-26
$999,999
CRMLS
Listing removed 2020-02-19
$0
RentlinxUnits
Listed for rent 2020-02-09
$1,575
RentlinxUnits
Listing removed 2019-11-10
$0
RentlinxUnits
Listed for rent 2019-11-02
$995
RentlinxUnits
Listing removed 2019-09-18
$0
RentlinxUnits
Listed for rent 2019-09-12
$995
RentlinxUnits
Listing removed 2019-09-12
$0
RentlinxUnits
Listed for rent 2019-09-08
$1,325
RentlinxUnits
Sold 2016-12-02
$502,500
CRMLS
Listed 2016-08-17
$529,000
CRMLS
Sold 2015-01-22
$436,000
Public Record
Listing removed 2015-01-21
$439,000
CRMLS
Listed 2014-10-22
$439,000
CRMLS
Listing removed 2014-09-25
$425,000
CRMLS
Listed 2014-02-25
$425,000
CRMLS
Sold 2013-09-10
$385,000
Public Record
Sold 2013-05-15
$375,000
ITECH
Listing removed 2013-02-05
$375,000
SoCalMLS
Listing removed 2012-10-12
$375,000
CRMLS
Listed 2012-10-11
$375,000
CRMLS
Listed 2012-06-05
$375,000
ITECH
Listed 2012-06-05
$375,000
SoCalMLS
Sold 2011-06-28
$260,000
Public Record
Listing removed 2011-06-06
$350,000
ITECH
Listed 2011-06-04
$350,000
ITECH
Listing removed 2010-12-01
$250,000
ITECH
Listing removed 2010-09-27
$260,000
CRMLS
Listing removed 2010-09-20
$260,000
ITECH
Listed 2010-06-21
$260,000
CRMLS
Listed 2010-06-01
$250,000
ITECH
Listed 2010-05-31
$260,000
ITECH
Sold 2000-09-15
$220,000
Public Record
Sold 1999-02-16
$210,000
Public Record
Sold 1998-02-06
$300,000
Public Record
Sold 1997-10-30
$201,000
Public Record

Net Operating Income: 80460.00

Total Square Feet Living: 3620
Year Built: 1964
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 60
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records

Electric Expense: 39.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 450.00
Water Source: Public

Pacific Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Rubidoux High School is a public high school located approximately 0.4 miles away.
directions icon Map directions

Mission Middle School is a public middle school located approximately 0.9 miles away.
directions icon Map directions

Cottonwood Montessori School is a private elementary school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.