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164 S Santa Fe Avenue, San Jacinto, CA 92583
2
beds
2
baths
1042
ft2
· 7405
ft2 lot
$309,000
$297 / ft2
Listing provided courtesy of JOSE FELIX BRIONES, Jose Felix Briones, Broker.
Source CRMLS.
Immediate return on investment on this great duplex with almost a 7% CAP Rate! Existing long term tenants in both units who would both like to stay after sale of the property. This duplex is made up of two - 1 bed, 1 bath units with kitchen, dining, and living areas as well as a laundry area inside the units. The front unit currently uses the 2 car garage for parking, while the back unit uses the 1 car carport and a separate storage area behind the garage for storage. Front unit has a water heater less than a year old, and back unit just had a new water heater installed last month. Recent improvements to the front yard and fence drastically reduced the landscape maintenance by removing overgrown brush and trees and installing fresh DG ground cover. We replaced the old wooden fence and posts with a new one, as well as both wooden porch hand rails with rod iron, and painting to match the rest of the exterior. Conveniently located to nearby elementary and middle schools, a location like this will always create a high demand from renters.
HOA
$0/month
On market
7 months
Year built
1944
Property type
Multi-Family
Parking
3
MLS
IV20182060
Price / Sq.Ft.
$297 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Appliances: Gas Oven
•   
Has Appliances
•   
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property, Standard
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: All Bedrooms Down
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace, Natural Gas
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Carpet, Tile, Vinyl
Interior Size
•   
Building Area Total: 1042.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Attached Carport, Garage, Garage - Two Door
•   
Garage Spaces: 2.00
•   
Carport Spaces: 1.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 2
•   
Total Units: 2
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Composition
•   
Foundation Details: Raised
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
•   
Construction Materials: Frame
Lot Info
•   
Zoning: R2
•   
Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Rectangular Lot, Near Public Transit
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1700
•   
Lot Size Area: 7405.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Fencing: Wood
•   
Common Walls: 1 Common Wall, No One Above, No One Below
Property Type
•   
Architectural Style: Bungalow
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Electricity, Grounds Care, Gas, Trash Collection
•   
Water Sewer Expense: 1300.00
•   
Cap Rate: 6.76
•   
Total Actual Rent: 2200.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 3700.00
•   
Insurance Expense: 500.00
•   
Total Expenses: 5500.00
•   
Gross Scheduled Income: 26400.00
•   
Operating Expense: 5500.00
Tax/Assessment Info
•   
Gross Income: 26400.00
•   
Tax Year: 2020
•   
Taxes: 3038.0
Lease Info
•   
Net Operating Income: 20900.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1100.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1100.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1100.00
•   
Unit 1 Total Rent: 1100.00
Multi Unit Information
•   
# Of Units: 2
•   
Number Of Units Leased: 2
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Gutters, Sidewalks, Street Lights
•   
Directions: Florida Ave. Eastbound, left on San Jacinto Ave., Left on 7th St., Right on Santa Fe Ave.
Other
Calculation
•   
Dom: 29
•   
Cdom: 29
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 22, 2021 12:30pm
Neighborhood snapshot
29
Properties for sale
5
Median days on market
$192.68
Median sold price/sqft
101.40%
Sold/List %
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Property History
09/08/2020
09/08/2020
CRMLS #IV20182060
active
CRMLS #IV20182060
$309,000
09/05/2020
09/05/2020
CRMLS #IV20182060
other
CRMLS #IV20182060
$309,000
+28.75%
04/29/2018
04/29/2018
Public Record
sold
Public Record
$240,000
+33.33%
04/04/2017
04/04/2017
Public Record
sold
Public Record
$180,000
+239.62%
09/01/2011
09/01/2011
Public Record
sold
Public Record
$53,000
--15.87%
See more property history
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