$368,000

287 W County Line Road

Calimesa CA, 92320

Description

"Discounted Income Units" now zoned "Commercial" !!! A previous owner paid $400,000... This Widow must sell ASAP. One unit is a 2 bedroom 1 bath with a long time tenant benefiting for low rents. A new tenant has offered to pay $1500 monthly for a lease. But the owner just wants to sell now. The other unit is a "free standing office" with a bathroom. It is currently leased to a successful business... This parcel is over a flat 1/4 acre with commercial zoning. The owner has positive cash flow but now has overseas missions for her church and just wants to sell. She is a "motivated seller" and will give a PRICE DISCOUNT for an "all cash sale" and a short escrow... MAKE OFFER !!! We have had several low offers and are currently working with a buyer prospect who is trying to get his loan approved first. As of today the units are still available... These units are directly in the path of growth in this booming area and just 1 mile to the 10 Freeway offramp. There is a newer shopping center at the corner (see pictures). Just down the street is a huge senior apartment complex that was just completed. That had a waiting list for occupancy before completion (see last picture). You can buy now with the the existing rental income while you developer the commercial and retail potential of the property !!!

Details

MLS#IV20108015
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1952
Days On Site175

Features

SQ Feet1,200
Units2
Building(s)1

Market Activity 92320

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Area Information
StateCA
CountyRiverside
CityCalimesa
Zip Code92320
Area269 - Yucaipa/Calimesa
Listing VS Median (in 92320)
Price:
$368,000
low | high
Med:
$350,000
54.891304347826% of Average
SqFt:
1,200
low | high
Med:
1,529
22.583333333333% of Average
$ / SqFt:
$307
low | high
Med:
$229
75.356157761538% of Average
On Site:
175
low | high
Med:
65
100% of Average
Listing Updated: November 27, 2020 12:13:29 AM PST
PAT O'BRIEN LogoMLS Number: IV20108015
Listing Provided By:
PAT O'BRIEN  of  DEVELOPER SALES ASSOCIATES
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