28055 28085 Washington Avenue, Winchester, CA 92596

$650,000
Sold Price
$650,000
List Price
$699,000
Closing Date
Mar 03, 2020
Status
CLOSED
MLS#
SW20029335
Year Built
1969
Lot Size
63,162
Acres
1.45
Lot Location
Item610UnitsAcre, Back Yard, Cul-De-Sac, Front Yard, LotOver40000Sqft
Days on Market
0
Property Type
Multifamily
Stories
One Level

Property Description

CALLING ALL INVESTORS!!! This is an amazing multi-family property (7 units) with endless opportunities in the heart of Winchester with two APN #'s 462-130-016 / 462-130-025. Located conveniently off Winchester Road within minutes to Temecula, Murrieta, Menifee, French Valley, & Hemet. Four out of seven units are currently on a month to month lease. Low maintenance grounds within walking distance to local convenient store, post office, & school bus stop. Would make for a great assisted living property, not for profit / profit housing investment and still has room to expand. Total lot size is 1.45 acres / 63,162 square feet. Three detached structures totaling 6,968 square feet with 13 total bedrooms, 10 total bathrooms, 2 attached 1 car garage, 2 oversized carports.

Additional Information

Other Buildings
Outbuilding
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Hills, PeekABoo
Roof
Composition
Garage Spaces Total
2
Sewer
SepticTypeUnknown
Water
Public
Number Of Units Total
7
Gross Scheduled Income
$97,200
Operating Expense
20808

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Holly Szychulda from Investor's Choice Executive RE

Listing sold by Mustafa Sultani from Mustafa Sultani Broker

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.