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Multifamily at 37491 Remuda Dr
$1,250,000
37491 Remuda Dr
Temecula, Riverside, 92592
Active · 0 days on market

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

Bedrooms
2
Lot size
206,474 sqft
Year built
2022
Stories
1
Heating
Natural Gas,Forced Air
Cooling
Central Air
Status
Active
Days on market
0
MLS #
249340008

About this property

A rare opportunity to own 4.74 acres with stunning mountain views, incredible versatility, and income potential! Behind a gated entrance, this unique property features two manufactured homes (4BD/2BA, 1,492 SF and 3BD/2BA, 1,166 SF), offering options for multi-generational living, rental income, or a combination of both. Both homes feature A/C, 200-amp electrical service connections, and well and septic connections. The property has a private well with a 10,000-gallon water storage tank and includes two operational fire hydrants. Additional features include two RV spaces with septic hookups, a dedicated RV pad with a fifth-wheel trailer that conveys, three storage containers currently rented to outside parties included with the sale, and additional open land utilized for paid RV storage. The property generated approximately $90,000 in yearly gross income, creating an opportunity for continued income and future upside possibilities. With room to spread out, beautiful mountain views, multiple living accommodations, and established rental uses, this property offers a unique combination of space, flexibility, and investment potential in the Temecula area, with convenient access to nearby shopping, dining, and major freeway connections.

Location

37491 Remuda Dr

Temecula, Riverside, CA, 92592

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

37491 Remuda Dr, Temecula CA | Multifamily for Sale