21942 Alessandro Boulevard

    Moreno Valley, CA 92553
    • $1,100,000
    • STATUS: Active
    • ON SITE: 304 days
    • ID#: CV18146119
    UPDATED: 57 min ago
    $1,100,000
    • 0
      BEDS
    • 1.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,535
      SQFT
    • $199
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Great investment & perfect location opportunity located on major traffic street, Commercial Mixed use opportunity, 0.5 mile east of 215 FWY, about 15 minutes away of California Riverside University. Market store in front, 2 beds 1 bath apartment above the market, plus home at back of the market with 3 beds 1 bath & attached 1 car garage, the home renovated in 2017, approximate $6000 monthly income, fast rental property, each one got its own address, home separated by fence, lots of parking, driveway access to rear, drive by only, please do not contact the market store (business not included ) and do not disturb tenants, thanks for your cooperation, EXISTING LOAN ASSUMABLE.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-20T21:32:17.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/84800629

    21942 Alessandro Boulevard Moreno Valley, CA 92553

    • Price: $1,100,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: CV18146119
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.16
    Acres
    5,535
    SQFT
    $199
    $/SQFT
    Neighborhood:
    699 - Not Defined
    County:
    Riverside
    Area:
    699 - Not Defined
    Property Description
    Great investment & perfect location opportunity located on major traffic street, Commercial Mixed use opportunity, 0.5 mile east of 215 FWY, about 15 minutes away of California Riverside University. Market store in front, 2 beds 1 bath apartment above the market, plus home at back of the market with 3 beds 1 bath & attached 1 car garage, the home renovated in 2017, approximate $6000 monthly income, fast rental property, each one got its own address, home separated by fence, lots of parking, driveway access to rear, drive by only, please do not contact the market store (business not included ) and do not disturb tenants, thanks for your cooperation, EXISTING LOAN ASSUMABLE.
    Exterior Features

    Lot Features Lot Over 40000 SqftRectangular LotLevel Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features In Closet

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 5.69 Country Us Expense Year 2017 Insurance Expense 1200.00 Laundry YN Yes Leasable Area Units Square Feet Maintenance Expense 6000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 56850.00 Operating Expense 15150.00 Property Sub Type Mixed Use Real Estate Tax Expense 7950.00 Special Listing Conditions Standard Total Expenses 15150.00 Water Source Public Zoning Commercial

    Listing provided courtesy of Majid Al Bassam of Keller Williams Covina


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-20T21:32:17.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003