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5941 Limonite Avenue, Jurupa Valley, CA 92509$975,000

7
beds
4
baths
3400
ft2
· 8712
ft2 lot
$287 / ft2

Listing provided courtesy of Freddy Vasquez, Keller Williams Pacific Estate
Source CRMLS;
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Four unit building for sale! All units have been recently remodeled and the building has a new paint job. Make an offer today on this low-maintenance, income-producing property with upside potential! 5941 Limonite Ave is a 3,400-SF building with 4 units in an 8,712-Lot size. The four units are comprised of (1) three bedroom one bath, (1) two bedroom one bath, and (2) one bedroom and one bath. The first floor has the 5-carport spaces, a recently gutted and rehabbed community laundry room, and a 3-bedroom unit with a large side yard. The 2-bed unit is right above and has a balcony. Each unit has an assigned carport, and its own water heater, each has a wall a/c and separate electric & gas meters. The land is Zoned R-3 and may have the potential to build two more units, the buyer to confirm with the city. This building can be for owner-occupied or rental-income investors. The property is surrounded by churches, elementary & high schools, dog parks & sports parks, and the Rubidoux Library & Drive-In Theatre. Call now and ask for a web link to more pictures of the inside.

HOA

$0/month

On market

1 month

Year built

1980

Property type

Multi-Family

Parking

9

MLS

PW22178990

Price / Sq.Ft.

$287 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 5941 Limonite Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Appliances: Built-In Range, Gas Range, Water Heater
•   
Has Appliances
•   
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property
•   
Interior Features: Balcony
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Kitchen, Living Room, See Remarks
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Laminate, See Remarks
Interior Size
•   
Building Area Total: 3400.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Carport, Asphalt, On Site
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 4.00
•   
Carport Spaces: 5.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 1
•   
Total Units: 4
Property Features
•   
View: Mountain(s), Neighborhood, Park/Greenbelt, Valley
•   
Accessibility: See Remarks
•   
Property Condition: Repairs Cosmetic
•   
Common Walls: 2+ Common Walls, End Unit
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: R-3
•   
Roof: See Remarks, Shingle
•   
Foundation Details: Concrete Perimeter
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Estimated
•   
Construction Materials: Stucco
Lot Info
•   
Lot Features: 2-5 Units/Acre, Lot 6500-9999, Rectangular Lot, Park Nearby
•   
Lot Size Source: Estimated, Estimated
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2000
•   
Lot Size Dimensions: 145' x 63'
•   
Lot Size Area: 8712.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Contemporary
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 5
•   
Utilities: Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 5
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Special Assessments, Sewer Assessments, Buyer to Verify
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Area: 028109
•   
Garage Income: 0.00
•   
Gross Operating Income: 20.00
•   
Garage Rental Rate: 0.00
•   
Water Sewer Expense: 4920.00
•   
Tax Annual Amount: 6086.88
•   
Laundry Income: 100.00
•   
Cap Rate: 5.30
•   
Laundry Equipment Own Lease: Lease
•   
Fuel Expense: 240.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 1100.00
•   
Tax Rate: 1.00
•   
Professional Management Expense: 2388.00
•   
Total Expenses: 8888.00
•   
Gross Scheduled Income: 61987.00
•   
Operating Expense: 8888.00
•   
Taxes Percent: 1.00
Tax/Assessment Info
•   
Gross Income: 100.00
•   
Tax Year: 2022
Lease Info
•   
Net Operating Income: 53099.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 240.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1070.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Partially
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1070.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1365.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Partially
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1365.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Partially
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1575.00
•   
Unit 1 Total Rent: 1575.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1056.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Partially
•   
Unit 4 Total Rent: 1056.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 4
•   
Number With Range: 4
•   
Price Per Unit: 243750
School Neighborhood & Directions
Location
•   
Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Park, Mountainous, Sidewalks, Street Lights, Valley
School Info
•   
Directions: When you arrive to address drive to back. Subject property is the 3rd building back
Other
Calculation
•   
Dom: 39
•   
Cdom: 39

Neighborhood snapshot

42
Properties for sale
8
Median days on market
$322.97
Median sold price/sqft
103.03%
Sold/List %
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Property History for 5941 Limonite Avenue

08/15/2022
08/15/2022
CRMLS #PW22178990
active
CRMLS #PW22178990
$975,000

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