11707 Hazeldell Drive
252 - Riverside Riverside 92505

$650,000
Residential Income built: 1947

Main Photo: 11707 Hazeldell Drive in Riverside: Residential Income for sale (252 - Riverside)  : MLS®# OC21086888
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
OC21086888
Year Built:
1947
This is a building that have been always used by the owners as an "Income Property" where the main house have been Updated and always used as Rental for Students from "La Sierra University" or other persons as well. This property have been divided in Unit A, Unit B and a separate Suite Unit C on top of the garage in the back of the property. Current Tenants have been there for many years at a very low Rents. The main House lower level is Unit "A" with 2 bedrooms, 1 full bath, kitchen with Living room and Dining room. The second level is Unit "B" is very large with 2 bedrooms, one is a Master bedroom plus another bedroom with a 3/4 bath, Living Room, Dining Room, Kitchen, Laundry room and new flooring all through out the house. Unit "C" this is an independent separate Suite built on top of the 2 car garage with 1 bedroom with 3/4 bath plus Living Room, Dining Room and Kitchen plus good size 2 car garage.Also a very wide and long driveway with plenty of parking space. Therefore this property offers 5 bedrooms and 4 baths, located on a large corner lot for more privacy with neighbors in the back and the left side of the property and facing " La Sierra" University. Please! contact Listing Agent for access or any additional information. Please! DO NOT disturb Tenants. Due to COVI-19 Sellers request Offers Subject to Inspection from Pre-Approved Buyers with "Proof of Funds" Listing Agent has not confirm or verified all these information as stated by Seller, Seller confirm that this property is considered "Legal Non-Conforming" with the City of Riverside due to the year built in 1947. We encourage Buyers and Agents to do their own investigation and due diligence with the City. This is a great opportunity for an aggressive Investor. At current Updated Market Rents this property can reach 7.5% Cap Rate for an Investor
Property Sub Type:
Single Family Residence
Property Attached:
No
Lot Area:
8,712 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1947 (Age: 74)
General Listing Location:
1947 (Age: 74)
County Or Parish:
Riverside
Tenant Pays:
All Utilities, Cable TV, Electricity, Gas
Common Interest:
None
Gross Income:
3280.0
Gross Scheduled Income:
49200.0
Net Operating Income:
46543.0
Rent Control:
No
Total Actual Rent:
35.0
Association Fee:
0.0
Land Lease:
No
Electric Expense:
567.0
Fuel Expense:
1.0
Gardener expense:
600.00
Insurance Expense:
888.0
Taxes expense:
2282.0
Operating Expense:
26577.0
Other Expense:
1488.0
Trash Expense:
300.0
Water and Sewer Expense:
640.0
Vacancy Allowance Rate:
10.0
Tax Lot:
9
91 Fwy East exit Pierce St go North on Riverwalk Parkway
View:
Neighborhood
Inclusions:
Shed for tools in the back of the property
Number of Buildings:
2
# of Electric Meters:
1
# of Gas Meters:
1
# of Water Meters:
1
# Units Leased:
3
Community Features:
Foothills
Senior Community:
No
Interior Features:
Bedroom on Main Level
Laundry Features:
Inside
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Corner Lot
Fireplace Features:
Dining Room, Kitchen, Living Room, Master Bedroom
Association Amenities:
Barbecue, Picnic Area, Trail(s)
Levels:
Two
Num Stories:
2
New Constr.:
No
Common Walls:
No Common Walls
# Units:
3
Heating:
None
Fireplace:
Yes
Utilities:
Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Garage Spaces:
2
Uncovered Spaces:
8
Total Parking Spaces:
10
Special Listing Conditions:
Trust
Parcel Number:
141191039
Zoning:
R1065
  • Photo 1: 11707 Hazeldell Drive in Riverside: Residential Income for sale (252 - Riverside)  : MLS®# OC21086888
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Data was last updated May 9, 2021 at 06:40 PM (UTC)