11411 Cherry Avenue

Cherry Valley, CA 92223 Active for $2,888,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 81,022 sqft


Property Facts
MLS EV24159859
Year Built 1961
Property Type Mixed Use
County Riverside
Status Active
Active $2,888,000
Structure Size N/A sqft
Lot Size 81,022 sqft
Beds N/A
Baths N/A

Description

Welcome to this fantastic investment opportunity in Cherry Valley, CA! This newly renovated property features 7 thoughtfully designed units, each offering the convenience of in-unit laundry hookups, central air conditioning, and heating. Out of the 7 units, 6 are equipped with their own private 1-car garage, providing secure and convenient parking for tenants. Each unit is designed with comfort and practicality in mind, making them highly attractive to prospective renters. With its blend of essential amenities and potential for rental income, this property presents an exceptional opportunity for investors or property managers looking to expand their portfolio. The strategic location in Cherry Valley ensures consistent demand and offers a promising return on investment. Don’t miss out on the chance to own this versatile and income-generating asset! Currently generates $17,750 in rental income, rent increase potential. Seller financing available.

Listing information courtesy of: MINERVA RODAS, PONCE & PONCE REALTY, INC . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Car-Dependent

36%

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