$889,000 Price Analysis    ♡   Riverside, CA 92507 9 bed 4 bath 3,604 SqFt ($246/SqFt) 8,494SqFt lot. Built 2020 Listed 2024-04-10, Taxes $12,775 | May be USDA loan restricted due to income limits near Riverside |
Welcome to the epitome of smart investing!
This pleasing single family residence in Spring Mountain Ranch Community offers avenues for generating income while enjoying the benefits of homeownership. Low Expenses, High Income Potential: With a fully paid-off solar system and no HOA fees, this property boasts minimal expenses, paving the way for impressive rental income and outstanding returns on investment. Live-in Landlord Opportunity: Picture yurself residing in one of the units while leasing out the remaining space. This unique arrangement allows you to enjoy the perks of homeownership while simultaneously reaping the benefits of rental income, making it an ideal option for those looking to build wealth through real estate.
Prime Location for Rental Demand: Situated in a sought-after community with scenic mountain views and convenient access to major freeways and Loma Linda University Medical Center, Loma Linda Veterans Hospital and schools, including University of California, Riverside. This property attracts a steady stream of renters, ensuring high occupancy rates and stable rental income. Chef's Kitchen and Modern Finishes: The sleek design of the chef's kitchen, featuring quartz countertops and top-of-the-line stainless steel appliances. Don't miss your chance to own this remarkable home with outstanding rental potential.
Presented by Stacy Li at
SoCal Premier Properties.
Property MLS #AR24063599 from CRMLS
Bedrooms On Main Level: 4
Full Bathrooms: 3
1/2 Bathrooms: 1
Bathrooms On Main Level: 2
Bathroom 1 Features: Bathtub, Shower, Main Floor Full Bath
Recessed Lighting
Flooring: Carpet, Wood
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Upper Level, Washer Hookup
Lot Size Acres: 0.1949954
Lot Size Source: Assessor
Lot Size Square Feet: 8494
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Carport, Garage, Garage Faces Front
Parking Total: 2
Map directions Map directions Map directions Map directionsCounty: Riverside
Directions: Take Palmyrita Ave to Sutter Creek Ct
Source Property Type: Residential
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
Parcel Number: 255621010
Postal Code Plus 4: 0032
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $733,920 + $75,000 $808,920 | $12,775 |
| 2021 | $unknown + $67,700 $67,700 | $4,485 |
| 2020 | $unknown + $67,006 $67,006 | $4,407 |
$889,000
CRMLS
Sold 2021-07-27
$809,000
Public Record
Year Built: 2020
Common Walls: No Common Walls
Entry Level: 1
Entry Location: front door
Living Area Source: Assessor
Property Age: 4
Property Condition: Updated/Remodeled
Levels or Stories: Two
Building Total Stories: 2
Structure Type: House
Year Built Source: Public Records
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Green Energy Generation: Solar
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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.