$480,000
$520,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
SOLD DATE : 08/05/2025
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25136885
Sold Date 08/05/25
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Opportunity knocks with this newly listed multi-family property offering a versatile and income-generating setup. Featuring a total of 4 bedrooms and 2 bathrooms spread across approximately 1,600 square feet, this spacious duplex is ideal for investors or multi-generational living. One unit has been thoughtfully updated with brand-new flooring, providing a fresh look and feel thats move-in ready. Each unit offers 2 bedrooms, functional layouts, and ample natural light. The property is well-positioned to take advantage of local rental demand, with market rents in the area averaging around $1,600$1,900 per unitmaking this a smart choice for those looking to boost their portfolio or secure passive income. Seller is highly motivated and has priced the property to sell quickly. Recently appraised at $580,000, the property is now being offered at a discounted list price of $520,000, giving buyers an immediate equity advantage and added value right from the start. Conveniently located just minutes from daily essentials and local transit, residents will appreciate proximity to La Favorita Supermarket, less than two miles away, and easy access to the Perris Downtown Metrolink and bus station. Families will also value nearby educational options, including Good Hope Elementary School, just a few steps away. Dont miss this chance to own a property that checks both the investment and livability boxes. Whether youre looking to live in one unit and rent the other or expand your portfolio, this duplex offers flexible possibilities with long-term value and built-in equity.
Location
State CA
County Riverside
Community Horse Trails
Zoning Public Rec
Direction Ellis Ave and Marshall St.
Interior
Cooling Swamp Cooler(s), Wall/Window
Fireplace No
Exterior
Utilities Available Septic Installed
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 325190037
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Bought with Jonathan Patterson Fiv Realty Co.
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