Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    11411 Cherry Avenue, Cherry Valley, CA 92223
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    11411 Cherry Avenue
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    • MLS#: EV24159859 ( Commercial/Residential )
    • Street Address: 11411 Cherry Avenue
    • Viewed: 8
    • Price: $2,888,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1961
    • Bldg sqft: 0
    • Days On Market: 145
    • Additional Information
    • County: RIVERSIDE
    • City: Cherry Valley
    • Zipcode: 92223
    • Subdivision: Solera (slra)
    • Provided by: PONCE & PONCE REALTY, INC
    • Contact: MINERVA MINERVA
    • California Regional MLS IDX
    • DMCA Notice
    • 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. Dont 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.
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    Features
    Building Area Total
    1. 5178.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 65
    Electric Expense
    1. 0.00
    Entry Location
    1. Main
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 6.00
    Heating
    1. Central
    Insurance Expense
    1. 0.00
    Laundry Features
    1. In Garage
    2. Outside
    3. See Remarks
    Levels
    1. One
    Lot Features
    1. 2-5 Units/Acre
    Netoperatingincome
    1. 15350.00
    Parcel Number
    1. 404131025
    Parking Features
    1. Driveway
    2. Garage
    Pool Features
    1. None
    Postalcodeplus4
    1. 4723
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 420279028:CRM
    Subdivision Name Other
    1. Solera (SLRA)
    Totalexpenses
    1. 2400.00
    Trash Expense
    1. 0.00
    Water Sewer Expense
    1. 2400.00
    Water Source
    1. Public
    Year Built
    1. 1961
    Year Built Source
    1. Assessor
    Zoning
    1. R-2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836