22508 Old Elsinore Road, Perris, CA 92570
Fourplex · 2 recorded sales since 2013
Sold December 2020
Listing Agent: Giselle Martinez (DRE #02032754) · Listing Office: Excellence RE Real Estate · Contact: 562-948-4553 · Bought with: Manuel Meraz · Master Key Real Estate · MLS #IG20213805 · Source: CRMLS
About this fourplex
Come build your own dream ranch style home or just keep it the way it is. Extra large corner lot sitting on almost 34,000 sq.ft.!!! Whether you want to live in one of the units while renting the other 3 or just renting all 4 units, this is a good investment property located in the Perris / Mead Valley area with value on land with lots of potential! With current rents, the CAP RATE is 8% - Each of the 4 units have their own legal address, utility meters (except water) and mail boxes. 3 of the units have 2 bedrooms, 1 bath (2 units have inside washer and dryer hookups and private yards. Units are currently renting for $1000 per month and one of the units has 1 bedroom, 1 bath, currently renting for $850 per month. 2 septic tanks on property. All tenants have been renting for long a time and all (including the current seller) would like to stay renting.
Listing description from the December 2020 sale, as reported to CRMLS.
Sale history
