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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,125,000

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Key Details

Property Type Single Family Home, Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25223169

HOA Fees $25,140/ann

HOA Y/N Yes

Year Built 2006

Property Sub-Type Condominium

Property Description

Do not Disturb Tenants!! Rare opportunity to own five individual condominiums built between 2006-2008, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units!

-- 26287 Iris Ave #E (APN: 308612036)
-- 26335 Iris Ave #D (APN: 308612065)
-- 26279 Iris Ave #E (APN: 308612005)
-- 15661 Lasselle St #84 (APN: 486562031)
-- 15611 Lasselle St #21 (APN: 486561023)

Location

State CA

County Riverside

Area 259 - Moreno Valley

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 10.0

Garage Description 10.0

Pool Association

Community Features Lake, Park

Amenities Available Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pet Restrictions, Pets Allowed, Recreation Room

Total Parking Spaces 10

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Water See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 308612036

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Michael Padilla Lyon Stahl Investment Real Estate, Inc. 310-420-2541

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26287 Iris Ave #E Moreno Valley, CA 92555