24426 Dracaea Avenue

    Moreno Valley, CA 92553
    • $4,900,000
    • STATUS: Active
    • ON SITE: 545 days
    • ID#: CV17014255
    UPDATED: 75 min ago
    $4,900,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,000
      SQFT
    • $181
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2007
    County:

    School Ratings & Info

    Description

    18 THREE STORY LUXURY TOWN HOMES FOR SALE. ALL HAVE SEPARATE APN#S BUT HOA HASN'T BEN ACTIVATED YET. COULD BE ACTIVATED AND SOLD SEPARATELY IN THE FUTURE. 10 UNITS HAVE 3 BEDROOMS 2.5 BATHS PLUS LOFT ON THIRD FLOOR. 8 UNITS HAVE 3 BEDROOMS 3.5 BATHS, ALL EIGHT OF THESE HAVE MASTER SUITES. UPGRADES INCLUDE MARBLE FLOORS IN KITCHEN, GRANITE COUNTERTOPS IN KITCHENS & BATHS, , HIGH CEILINGS, BERBER CARPET, WHIRLPOOL STAINLESS STEAL APPLIANCES, CANADIAN MAPLE WOOD CABINETS, WASHER AND DRYER HOOK UPS, CENTRAL AIR AND HEAT, DOUBLE PAIN WINDOWS, 2 CAR GARAGES, PATIOS, ALL UNITS ARE IN GOOD SHAPE. TENANTS PAY ELECTRIC AND GAS.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T17:27:10.077. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/69322799

    24426 Dracaea Avenue Moreno Valley, CA 92553

    • Price: $4,900,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: CV17014255
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    27,000
    SQFT
    $181
    $/SQFT
    2007
    Built
    Neighborhood:
    259 - Moreno Valley
    County:
    Riverside
    Area:
    259 - Moreno Valley
    Property Description
    18 THREE STORY LUXURY TOWN HOMES FOR SALE. ALL HAVE SEPARATE APN#S BUT HOA HASN'T BEN ACTIVATED YET. COULD BE ACTIVATED AND SOLD SEPARATELY IN THE FUTURE. 10 UNITS HAVE 3 BEDROOMS 2.5 BATHS PLUS LOFT ON THIRD FLOOR. 8 UNITS HAVE 3 BEDROOMS 3.5 BATHS, ALL EIGHT OF THESE HAVE MASTER SUITES. UPGRADES INCLUDE MARBLE FLOORS IN KITCHEN, GRANITE COUNTERTOPS IN KITCHENS & BATHS, , HIGH CEILINGS, BERBER CARPET, WHIRLPOOL STAINLESS STEAL APPLIANCES, CANADIAN MAPLE WOOD CABINETS, WASHER AND DRYER HOOK UPS, CENTRAL AIR AND HEAT, DOUBLE PAIN WINDOWS, 2 CAR GARAGES, PATIOS, ALL UNITS ARE IN GOOD SHAPE. TENANTS PAY ELECTRIC AND GAS.
    Exterior Features

    Garage Spaces 2.00 Lot Features 16-20 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1500 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Heating Central Furnace Heating YN Yes Levels Three Or More

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 300.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 4000.00 Gross Income 335400.00 Gross Operating Income 325338.00 Gross Scheduled Income 335400.00 Insurance Expense 5500.00 Land Lease YN No Net Operating Income 269938.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 19 Number Of Separate Gas Meters 18 Number Of Separate Water Meters 3 Number Of Units Leased 18 Operating Expense 55400.00 Professional Management Expense 13000.00 Rent Control YN No Special Listing Conditions Standard Total Actual Rent 27500.00 Total Expenses 55400.00 Trash Expense 6400.00 Vacancy Allowance 10062 Vacancy Allowance Rate 3.00 Water Sewer Expense 15800.00 Water Source Public

    Listing provided courtesy of Arthur Dresch of Arthur Dresch Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T17:27:10.077. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003