Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

7

Building size

20,000 sqft

Lot size

33 sqft

Year built

2009

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

17

MLS #

244531934

About this property

Welcome to a one-of-a-kind real estate investment opportunity that includes two parcels being sold together. 2100 S State St offers nearly 33 acres of usable land zoned residential. Property contains 7 structures. First structure- Single Family Residence- 10bedroom 6 bathroom a 10,000 sqft custom built house. Second Structure- A 5bedroom2bath House- Third Structure: 2bed1bath house. Remainder 4 structures double wide manufactured homes/classrooms like structures can be converted to 4 homes they are not remodeled yet and is being as storage. All three homes have been remolded with electrical, plumbing and HVAC upgrades. The large house has dedicated fire hydrant and sprinklers inside. The other two homes has its own fire hydrant. Current property insurance $250/ month. Low property taxes. 3 inch city water supply line has been installed. Handicap Parking and accessibility ramps through out the property. Designate few acres for RV Boat Rental as as Diamond lake is 5 minutes from this property. This property is on City water and also has its own well. Septic tank has been recently certified. Perfect location for Airbnb - Ranch - Tiny homes- camping - Glamping Farm Experience- You can also install EV chargers for public use and install Solar panels. There are subsidies available.

Location

2100 S State

Hemet, Riverside, CA, 92543