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Key Details
Sold Price $699,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,126 sqft
Price per Sqft $223
MLS Listing ID OC24018787
Sold Date 02/21/24
Style Detached
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1946
Lot Size 1.070 Acres
Acres 1.07
Property Description
This exceptional property presents a remarkable real estate opportunity, boasting over 1 acre of land that accommodates two permitted homes. TWO HOMES - ONE LOT! The versatility of this R2-zoned lot allows for various possibilities, with the option to reside in one home while generating rental income from the other or maintaining it as a lucrative investment property. The primary residence, with its four bedrooms, two bathrooms, spacious family room featuring a fireplace, and an expansive front porch, showcases a comfortable and inviting living space. Additionally, the second residence, a two-bedroom, two-bathroom home, comes complete with a private drive and patio area. Both homes have been meticulously cared for and include interior laundry facilities. The property also features a four-car garage, numerous sheds, and pole barns, offering ample storage space. Situated on just over 1 acre, the grounds are adorned with abundant fruit trees, creating a delightful outdoor ambiance. Located in the burgeoning Wildomar area and close to shopping destinations in Lake Elsinore and Murrieta, this property is a compelling investment opportunity with the added benefit of long-standing tenants contributing to a consistent and substantial income stream.
This exceptional property presents a remarkable real estate opportunity, boasting over 1 acre of land that accommodates two permitted homes. TWO HOMES - ONE LOT! The versatility of this R2-zoned lot allows for various possibilities, with the option to reside in one home while generating rental income from the other or maintaining it as a lucrative investment property. The primary residence, with its four bedrooms, two bathrooms, spacious family room featuring a fireplace, and an expansive front porch, showcases a comfortable and inviting living space. Additionally, the second residence, a two-bedroom, two-bathroom home, comes complete with a private drive and patio area. Both homes have been meticulously cared for and include interior laundry facilities. The property also features a four-car garage, numerous sheds, and pole barns, offering ample storage space. Situated on just over 1 acre, the grounds are adorned with abundant fruit trees, creating a delightful outdoor ambiance. Located in the burgeoning Wildomar area and close to shopping destinations in Lake Elsinore and Murrieta, this property is a compelling investment opportunity with the added benefit of long-standing tenants contributing to a consistent and substantial income stream.
Location
State CA
County Riverside
Area Riv Cty-Wildomar (92595)
Zoning R-R
Interior
Fireplaces Type FP in Living Room
Laundry Laundry Room, Inside
Exterior
Garage Spaces 4.0
Total Parking Spaces 4
Building
Story 1
Sewer Conventional Septic
Water Well
Level or Stories 1 Story
Others
Monthly Total Fees $3
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Daniel Vazquez • Daniel Vazquez, Broker