About 5941 Limonite Ave
Don't miss the opportunity to own this exceptional investment property! This 4-unit property offers 3,620 sqft of living space on an 8,720 sqft lot. Property will be sold with TWO VACANT UNITS waiting to be filled! With a mix of units including 3-bed/1-bath, 2-bed/1-bath, and TWO 1-bed/1-bath layouts, this quadraplex offers flexibility for rental income or owner-occupancy with supplemental rental potential. All 4 units have recently been refurbished. Property offers 5 carports for parking and additional uncovered parking. outdoor space, and easy freeway access. Live in one and rent the other units! Explore this centrally located gem today!
Features of 5941 Limonite Ave
| MLS® # | IV24060187MR |
|---|---|
| Price | $1,199,900 |
| Units | 4 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Square Footage | 3,620 |
| Acres | 0.20 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 5941 Limonite Ave |
|---|---|
| Area | Mira Loma/Jurupa Valley |
| City | JURUPA VALLEY |
| County | Riverside |
| State | CA |
| Zip Code | 92509 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Garages | Assigned, Carport |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall |
|---|---|
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | April 8th, 2024 |
|---|---|
| Days on Market | 41 |
| Zoning | R-3 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Cap Rate | 7.30 |
| Actual Annual Gross Rent | $3,443 |
| Net Operating Income | $80,460 |
Unit 1 Details
| Beds | 3 |
|---|---|
| Baths | 1.00 |
| Rent | $1,865 |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $1,623 |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
Listing Details
| Agent | Moises Moran (02083659) |
|---|---|
| Office | EXP REALTY OF SOUTHERN CALIFORNIA INC. |