28055 Washington Avenue, Winchester, CA 92596

$650,000
6,968
SqFt
Sold Price
$650,000
List Price
$699,000
Closing Date
Mar 03, 2020
Status
CLOSED
MLS#
SW20029335
Year Built
1969
Living Sq. Ft
6,968
Lot Size
63,162
Acres
1.45
Lot Location
6-10 Units/Acre, Back Yard, Cul-De-Sac, Front Yard, Lot Over 40000 Sqft
Days on Market
8
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

Tract Number
NA
Lot Description
Rural
Pool Description
None
Fireplace Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Hills, Peek-A-Boo
Roof
Composition
Garage Spaces Total
2
Sewer
Septic Type Unknown
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$97,200
Operating Expense
20808

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
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