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4.87 Acres Lot
$ 2,000,000
Est. payment | /mo
4.87 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24180058
HOA Y/N No
Year Built 1977
Lot Size 4.870 Acres
Property Description
Great Income Producing Property!! You can live on property and have 5 other units to rent out. There is also a Cherry orchard. Land is 4.87 acres with potential to build more homes. Buyers to do their own due diligence, 4 (1) bedroom units 1 Studio which can be a 1 bd as well and 3-bedroom 2 bath home remodeled with hard wood floors throughout and a basement as well, a large patio to sit and enjoy your estate. There is also a 4000 sq ft Barn on Property and a tractor ready for a driver. This beautiful 4.87 acre lot has 400 cherry trees, citrus fruit trees and pistachio trees; 2 water meters (1 residential and 1 irrigation) and drip irrigation. Buildings include the main home (3 bed 2.5 bath with attached garage), a workshop (with living quarters and restrooms), a barn/outbuilding, and 4 rental units (each with 1 bedroom, 1 bath and a carport) and a studio with 1 bath. The main home was completely refurbished in 2000. Has plenty of open useable living space, newer energy efficient windows and central heat/air. It also features a large kitchen with a walk-in pantry, a large laundry room with a utility sink and an office. Outside there is a large back patio with a full outdoor kitchen, RV parking and an RV dump station. In addition to the attached 2-car oversized garage and outbuildings, the large basement allows for ample storage space. The possibilities are endless with this endlessly unique property.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Present Use Multi-Family,See Remarks
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 415200030
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Special Listing Condition Standard, Trust
Listed by Lupita Pena • Zutila, Inc • 714-425-3267
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Shaun Hurley
Broker Associate | Lic# 00870450