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$1,050,000
Est. payment /mo
7 Beds
0.37 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25153863
Bedrooms 7
Lot Size 0.370 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Subject To, Fully Licensed, Completely Vacant, State Approved ready for New Owner RCFE! Brand New RCFE Opportunity La Sierra Area of Riverside amazing located between Riverside, Corona, and Norco. Two winning pathsInvestor or RCFE. Riverside triplex on an approx. 16,000 sf lot offering flexibility and scale: (2) 3-bed units + (1) 1-bed unit. Path A: Conventional investmentclean value with market rent potential reported by seller of $3,300 / $2,900 / $1,750 ( $95,400/yr GSI). Path B: RCFE use (THINK BIG)property has recent RCFE state approval and is positioned for a buyer who wants to operate a Residential Care Facility for the Elderly (business use). Licenses are not transferable; however, Seller is willing to cooperate with in working with buyer so clients can be placed Day 1 after closing. Strong lot, multiple configurations, and a location convenient to services. Choose your lane: keep it as a solid income property or leverage the RCFE playbook and accelerate your launch. Buyer to verify all figures, permits, zoning/use, and licensing with appropriate agencies. Again, best part is that you do not need to get a new loan we can keep existing loan in place. This is not a flip. This is a long-game play for operators ready to launch or expand with licensing advantages already in motion. Selling Party is a licensed RCFE administrator and can assist with licensing support. Showings by appointment only. Please do not visit property without first contacting
Location
State CA
County Riverside
Community Horse Trails
Zoning Public Rec
Direction Private Road, Right in front of the Twinhill Elementary
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 149190008
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
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Listed by Emmanuel Gamboa Exclusive Realty Associates
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