Sold
Last Sold Price
7 beds5 baths3,300 sqft

40530 Reed Valley Rd, Aguanga, CA 92536

Multi FamilyProperty Type
4.91 acresLot Size
1987Year Built
$121/sq ftPrice per sq ft
2 carsParking Spaces

Description

Country living is at it's best! 18 miles east of temecula. Quit ,peaceful and tranquil living. See all the stars at night. 4.91 acres with 4 separate units , each have their own private yards. Separate septic systems , separate meters for electric. Main home is 433 foundation manufactured home. Other 3 units are mobile homes . Separate small units in large 1600 sq ft workshop not counted in income. Additional 2 acres fenced separately above with water and power. Great place for horses or rv pad....Country living is at it's best! 18 miles east of temecula. Quit ,peaceful and tranquil living. See all the stars at night. 4.91 acres with 4 separate units , each have their own private yards. Separate septic systems , separate meters for electric. Main home is 433 foundation manufactured home. Other 3 units are mobile homes . Separate small units in large 1600 sq ft workshop not counted in income. Additional 2 acres fenced separately above with water and power. Great place for horses or rv pad. Front of units have more open space with lower area used as shooting range. Rents are low. Great cash flow ! Cap rate exceptional! Over 9%
Listing closed: 09/10/2020 12:00 AM • Source: CRMLS, MLS#: SW20161075
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Recent comparable sales

Median sold price

$565,000

Avg days on market

73

Sale-to-list ratio

89.6%

Aguanga, CA

9 comparable properties found

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$565,000 | 48500 Aguanga Ranchos Road, Aguanga, CA 92536
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Location

Listing Courtesy of Independent Properties, Joanne Bragg, DRE #00628559; Independent Properties, Deborah Leisher, DRE #01464657

Sold By None MRML, NONE NONE, DRE #N/A

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Property Information for 40530 Reed Valley Road

Property Details

  • MLS Type: Residential Income
  • Architectural Style: Cottage
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: Central Air, Evaporative Cooling
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 3300
  • Assessor Parcel Number: 571-560-005
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area: 600
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area: 850
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area: 1600
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 3300
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Fireplace: Yes
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R-R
  • Senior Community: No
  • Parcel Number: 571560005
  • Area: Southwest Riverside County (SRCAR)
  • Directions: Hwy 79 to Hwy 371 to Wilson Creek make left to Reed Valley Rd

Building Information

  • Stories: 1
  • Year Built: 1987
  • Lot Size: 4.91 AC / 213,880 SF

Rental Info

Rental Info
  • Tenant Pays: Electricity, Other

Income / Expense / Tax Details

Income Details
  • Gross Income: $48,000
  • Gross Scheduled Income: $57,000
  • Vacancy Allowance Rate: 5
  • Net Operating Income: $38,016
  • Other Income Description: STORAGE ROOM RENTED OUT
  • Other Income 1: $3,000
  • Cap Rate: 9.61
  • Current Financing: Conventional, Fannie Mae
  • Financing: Cash
Expense Details
  • Operating Expense: $9,984
  • Operating Expense Percent: 28.00%
  • New Taxes Expense: $5,820
  • Cable TV Expense: $600
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,668
  • Trash Expense: $1,500
  • Water Sewer Expense: $396
  • Total Expenses: $9,984
Tax / Assessment Info
  • Tax Rate: 1.19
  • Tax Annual Amount: $3,168
  • Tax Tract Number: H1
  • Tax Census Tract: 444.02
  • Taxes Percent: 1.19%
  • Tax Lot: 962

Community / Development

Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments: None, Special Assessments
  • Community Features: Rural

Property / Structure Info

Interior Features
  • Appliances: Electric Oven, Electric Range, Microwave, Propane Oven, Propane Range, Propane Water Heater
  • Equipment: Microwave, Propane Dryer Hookup
  • Room Type: Guest/Maid's Quarters, Workshop
  • Water Heater Features: Propane
  • Water Heater Type: Propane
  • Laundry: Yes
  • Laundry Features: Propane Dryer Hookup
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace Rooms: Living Room
  • Cooling: Central Air, Evaporative Cooling
  • Heating Type: Central, Pellet Stove, Wood Stove
  • Heating: Central, Pellet Stove, Wood Stove
  • Heat Equipment: Pellet/Wood Burning Stove
  • Flooring Type: Carpet, Laminate
  • Flooring: Carpet, Laminate
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior: Vinyl
  • Roof: Asbestos Shingle, Composition
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link, Fair Condition
  • Other Structures: Guest House Detached, Workshop
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft, Ranch, Secluded
  • Additional Property Use: Ranch/Farm
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Well on Property
  • Sewer: Conventional Septic
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Well
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Carport, Detached Carport, Driveway, Gravel, On Site

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $725
  • Unit Type Total Rent: $725
  • Unit Type Pro Forma: 950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 875
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Range: 4
  • Number With Carpet: 4

Property History for 40530 Reed Valley Road

DateEvent & SourcePriceAppreciation
Sep 10, 2020

Sold

SDMLS #SW20161075

$400,000—
Sep 10, 2020

Sold

CRMLS #SW20161075

$400,000—
Sep 10, 2020

Sold

CLAW #SW20161075MR

$400,000—
DateEvent & SourcePrice
09/10/2020

Sold

SDMLS #SW20161075

$400,000
09/10/2020

Sold

CRMLS #SW20161075

$400,000
09/10/2020

Sold

CLAW #SW20161075MR

$400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40530 Reed Valley Road

Taxable Value

Land

$264,977

Additions

$176,651
Total$441,628

Tax Record

2025

$5,113 ($426 / month)

Home Facts

Baths

3

Total Finished SqFt

1,960 SqFt

Above Grade Finished SqFt

1,960 SqFt

Stories

1

Lot Size

213,880 SqFt

Style

Mobile / Manufactured Home

Year Built

1964

Year Renovated

1964

Zoning

RR

County

RIVERSIDE

APN

571-560-005

Schools near 40530 Reed Valley Road

This home is within Hemet Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Mcsweeny Elementary School
PublicK to 5

Diamond Valley Middle School
Public6 to 8

West Valley High School
Public9 to 12

Cottonwood Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40530 Reed Valley Road, Aguanga, CA 92536
$400,000
7
5
3,300
213,880
$115,000
2
1,440
98,881
$130,000
2
1,250
184,694
$110,000
–
–
–
249,599
$70,000
–
–
–
284,882
$127,000
–
2
1,512
771,883

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Independent Properties, Joanne Bragg, DRE #00628559; Independent Properties, Deborah Leisher, DRE #01464657

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.