10878 Crowther Lane,Cherry Valley, CA 92223
Cherry Valley, CA 92223
Description
INVESTORS-EARN GREAT RETURN/CAP RATE. STRONG CASH FLOW. GET IMMEDIATE RENTAL INCOME OF $3,045 gross monthly income from stable, ON-TIME PAYING TENANTS that never missed a payment in 2+ years. Located in a great neighborhood in Cherry Valley at the end of a quiet street. This TURNKEY property offers a front home with 2 bed + 1 bath (825 sq feet), and the detached back home has 1 bed + 1 bath (~500 sq ft). The total area from both homes is ~1,325 sq ft on a spacious 8,712 square feet lot with potential for an ADU and plenty of space for RV parking. The front home features an updated kitchen, spacious bedrooms, and central A/C. The rear home was extensively remodeled in 2023 and features a new kitchen with quartz countertops and cabinetry, new split A/C units and heat pump, water-resistant laminate flooring, and an upgraded electrical panel. Income today, flexibility for tomorrow, and plenty of room to make it your own! All information is deemed reliable but not guaranteed. Buyer and buyer's agent are advised to independently verify all information, including square footage, permitted use, zoning, building permits, and potential uses with the appropriate government authorities.
Details
| MLS # | TR26212381 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1958 |
| Days On Site | 19 |
| Listing Provided By | WiseChoice Real Properties | William Leong |
Features
| SQ Feet | 1,325 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | R-A-1 |
| Acreage | 0.20 |
| Golf Course | Yes |
| Property View | None |
Interior
| Cooling | Central Air, See Remarks |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Bedroom On Main Level, Main Level Primary |
| Appliances | Gas Oven, Gas Range, Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Lot Features | Two To Five Units Acre |
Parking
| Parking Features | On Site, Off Street, Oversized, Rv Potential, See Remarks, Uncovered |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Septic Tank |
Location
| Community Features | Biking, Foothills, Fishing, Golf, Hiking, Horse Trails, Near National Forest, Park, Rural |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Cherry Valley |
| Zip Code | 92223 |
| Area | 263 Banning | Beaumont | Cherry Valley |
| Community Name | n/a |
| Listing VS Median (in n/a) | |
Price: $465,000 low | high Med: $699,999 sqft: 1,325 low | high Med: 1,192 $ / sqft: $351 low | high Med: $587 On site: 19 low | high Med: 76 | |
Market Activity 92223
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Cherry Valley |
| Zip Code | 92223 |
| Area | 263 Banning | Beaumont | Cherry Valley |
| Community Name | n/a |
| Listing VS Median (in n/a) | |
Price: $465,000 low | high Med: $699,999 sqft: 1,325 low | high Med: 1,192 $ / sqft: $351 low | high Med: $587 On site: 19 low | high Med: 76 | |
