REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,125,000
Est. payment | /mo
12 Beds
$ 2,125,000
Est. payment | /mo
12 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25223169
Bedrooms 12
HOA Fees $22,476/ann
Property Sub-Type Res Income 2-4 Units
Property Description
Do not Disturb Tenants!! Rare opportunity to own five individual condominiums built between 2006-2008, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036) -- 26335 Iris Ave #D (APN: 308612065) -- 26279 Iris Ave #E (APN: 308612005) -- 15661 Lasselle St #84 (APN: 486562031) -- 15611 Lasselle St #21 (APN: 486561023)
Location
State CA
County Riverside
Zoning Public Rec
Direction Cross Streets: Iris Ave & Camino Flores
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 308612036
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Michael Padilla Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "