46880 Rainbow Canyon Road

Closed 9/12/14
Closed 9/12/14
Gallery Image 1
Last Sold Price
$330,000
6 beds6 baths2,400 sqft$138/sqft
46880 Rainbow Canyon Rd, Temecula, CA 92592

Description

BOM subject to escrow cancellation. Six 400 square foot individual units that have been continuously rented for the past 20 years. Picturesque setting includes a variety of mature trees including oaks and tall palms. These units have easy freeway access. This property has been owned by the same family for over 30 years. This is a great opportunity for your client.BOM subject to escrow cancellation. Six 400 square foot individual units that have been continuously rented for the past 20 years. Picturesque setting includes a variety of mature trees including oaks and tall palms. These units have easy freeway access. This property has been owned by the same family for over 30 years. This is a great opportunity for your client.
LISTING CLOSED: 09/12/2014 12:00 AM

  1. Listed by Mark Winslow • DRE #01346462 • Brenson Realty, Inc.

Property Details for 46880 Rainbow Canyon Road

Status
Closed
MLS #
SW14133890
Days on Market
17
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income
Year Built
1936
Lot Size
1.47 AC / 64,033 SF
County
Riverside County
Parking Spaces Total
8
Private Pool
No
Cooling Type
See Remarks
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2400
Assessor Parcel Number
918160005
Property Attached YN
false
Common Walls
No Common Walls
Average Studio Area
400
Building Area Total
2400
Fireplace
No
Pool
No
Association
No
Association Fee
$.00
Senior Community
No
Parcel Number
918160005
Area
Southwest Riverside County (SRCAR)
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Location

Listing Courtesy of Brenson Realty, Inc., Mark Winslow, DRE #01346462

Sold By Brenson Realty, Inc., James Brennan, DRE #01800344

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Building Information for 46880 Rainbow Canyon Road

Stories1Residences-Year Built1936Building Size-Lot Size1.47 AC / 64,033 SF

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$2,009 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,677

Property Taxes

$332

HOA Dues

$0

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Property Information for 46880 Rainbow Canyon Road

Rental Info
Rental Info
  • Tenant Pays: Electricity, HVAC Maintenance
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,400
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $19,698
  • Number Of Rented Garages: 0
  • Financing: Conventional
Expense Details
  • Operating Expense: $9,102
  • New Taxes Expense: $3,630
  • Electric Expense: $0
  • Insurance Expense: $2,100
  • Maintenance Expense: $1,200
  • Professional Management Expense: $0
  • Trash Expense: $1,452
  • Water Sewer Expense: $720
Tax / Assessment Info
  • Tax Year: 2013
  • Tax Tract Number: 45526
  • Tax Lot: 005
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Mountainous, Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: See Remarks
  • Heating Type: See Remarks
  • Heating: See Remarks
Exterior Features
  • Foundation Details: Block
  • Foundation Details: Block
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 6
  • Road Surface Type: Maintained
  • Road Frontage Type: County Road
  • Levels: One
  • Water: District
  • Sewer: Conventional Septic
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 550
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 550
  • Unit Type Area Units: Square Feet
  • 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: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 550
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 550
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 550
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 550
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 0
  • Number With Range: 6
  • Number With Refrigerator: 0

Property History for 46880 Rainbow Canyon Road

DateEvent & SourcePriceAppreciation
Sep 12, 2014

Sold

CRMLS #SW14133890

$330,000—
Sep 12, 2014

Sold

CLAW #SW14133890MR

$330,000—
Aug 14, 2014

Sold (Public Record)

Public Record #434791221

$330,000—
DateEvent & SourcePrice
09/12/2014

Sold

CRMLS #SW14133890

$330,000
09/12/2014

Sold

CLAW #SW14133890MR

$330,000
08/14/2014

Sold (Public Record)

Public Record #434791221

$330,000

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

Public Records for 46880 Rainbow Canyon Road

Taxable ValueLand$144,394Additions$236,808Total$381,202
Tax Record2023$3,985 ($332 / month)
Home Facts
Total Finished SqFt2,495 SqFtAbove Grade Finished SqFt2,495 SqFtStories1Lot Size64,033 SqFtStyleMiscellaneous CommercialYear Built1946ZoningRRCountyRIVERSIDEAPN918-160-005

Schools near 46880 Rainbow Canyon Road

This home is within Temecula Valley Unified School District.
Rating
School
Type
Grades
Distance
Temecula Luiseno Elementary School
Public - K to 5
Erle Stanley Gardner Middle School
Public - 6 to 8
Great Oak High School
Public - 9 to 12
Susan H. Nelson School
Public - 6 to 12
Rating
School
Distance
Temecula Luiseno Elementary School
PublicK to 5

Erle Stanley Gardner Middle School
Public6 to 8

Great Oak High School
Public9 to 12

Susan H. Nelson School
Public6 to 12

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: 46880 Rainbow Canyon Road, Temecula, CA 92592
$330,000
6
6
2,400
64,033
46870 Rainbow Canyon Road, Temecula, CA 92592
–
1
1
839
64,904
46950 Rainbow Canyon Road, Temecula, CA 92592
–
3
1.75
2,031
69,696
46754 Rainbow Canyon Road, Temecula, CA 92592
–
–
–
20,040
–
46752 Rainbow Canyon Road, Temecula, CA 92592
–
3
1.75
2,096
261,360
46970 Rainbow Canyon Road, Temecula, CA 92592
$390,000
3
1,200
23,958

Explore Nearby Homes

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 Brenson Realty, Inc., Mark Winslow, DRE #01346462

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.