5941 Limonite Avenue

Jurupa Valley, CA 92509

$1,199,900
Price
6
Beds
4
Baths
3,620 Sq. Ft.
$331 / Sq. Ft.
3,620
Sq. Ft.
$331
per Sq. Ft.

Description

Don't miss the opportunity to own this exceptional investment property! This 4-unit property offers 3,620 sqft of living space on an 8,720 sqft lot. Property will be sold with TWO VACANT UNITS waiting to be filled! With a mix of units including 3-bed/1-bath, 2-bed/1-bath, and TWO 1-bed/1-bath layouts, this quadraplex offers flexibility for rental income or owner-occupancy with supplemental rental potential. All 4 units have recently been refurbished. Property offers 5 carports for parking and additional...Don't miss the opportunity to own this exceptional investment property! This 4-unit property offers 3,620 sqft of living space on an 8,720 sqft lot. Property will be sold with TWO VACANT UNITS waiting to be filled! With a mix of units including 3-bed/1-bath, 2-bed/1-bath, and TWO 1-bed/1-bath layouts, this quadraplex offers flexibility for rental income or owner-occupancy with supplemental rental potential. All 4 units have recently been refurbished. Property offers 5 carports for parking and additional uncovered parking. outdoor space, and easy freeway access. Live in one and rent the other units! Explore this centrally located gem today!
  1. Listed by MOISES MORAN • DRE #02083659 • Brokerage DRE #02187306 • EXP REALTY OF SOUTHERN CALIFORNIA INC.
  2. Listed by Andrew Warburton • DRE #01065333 • Brokerage DRE #02187306 • eXp Realty of Southern California, Inc.

Property Details for 5941 Limonite Avenue

Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3620
Assessor Parcel Number
182-280-009

Location

Listing Courtesy of EXP REALTY OF SOUTHERN CALIFORNIA INC., MOISES MORAN, DRE #02083659; eXp Realty of Southern California, Inc., Andrew Warburton, DRE #01065333
Add your commute
LISTING UPDATED: 04/08/2024 11:05 PM

Property Details for 5941 Limonite Avenue

StatusActive
MLS #IV24060187
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.20 AC / 8,712 SF
CountyRiverside County

Location

Listing Courtesy of EXP REALTY OF SOUTHERN CALIFORNIA INC., MOISES MORAN, DRE #02083659; eXp Realty of Southern California, Inc., Andrew Warburton, DRE #01065333
Add your commute

Building Information for 5941 Limonite Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$7,065 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,548

Property Taxes

$517

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5941 Limonite Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $87,336
  • Gross Scheduled Income: $87,336
  • Net Operating Income: $80,460
  • Cap Rate: 7.3
Expense Details
  • Operating Expense: $6,876
  • Fuel Expense: $19
  • Electric Expense: $39
  • Insurance Expense: $350
  • Trash Expense: $65
  • Water Sewer Expense: $450
  • Total Expenses: $573
Tax / Assessment Info
  • Tax Tract Number: 060...
  • Tax Census Tract: 403.04
  • CFD/Mello-Roos Fee: $49
  • Tax Lot: 26
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Hiking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 0
  • Carport Spaces: 5
  • Parking Features: Assigned, Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,820
  • Unit Type Total Rent: $1,865
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,578
  • Unit Type Total Rent: $1,623
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1845
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 5941 Limonite Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5941 Limonite Avenue

Taxable ValueLand$87,567Additions$473,978Total$561,545
Tax Record2023$6,206 ($517 / month)
Home Facts
Total Finished SqFt3,620 SqFtAbove Grade Finished SqFt3,620 SqFtStories2Lot Size8,712 SqFtStyleQuadraplexYear Built1964ZoningR3CountyRIVERSIDEAPN182-280-009

Schools near 5941 Limonite Avenue

This home is within Jurupa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Pacific Avenue Elementary School
PublicK to 6

Mission Middle School
Public7 to 8

Rubidoux High School
Public9 to 12

Steps Community Day School
Public7 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.

Similar Homes

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5941 Limonite Avenue is a multi-family home for sale in Jurupa Valley, CA 92509. This property was listed for sale on April 8, 2024 by EXP REALTY OF SOUTHERN CALIFORNIA INC., it's currently listed at $1,199,900. It has been on the market for a total of 23 days and was last sold on October 14, 2016. This listing's school district is Jurupa Unified School District. Nearby schools include Pacific Avenue Elementary School, Mission Middle School and Rubidoux High School. 5941 Limonite Avenue is a 6-bed, 4-bath, 3,620 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY OF SOUTHERN CALIFORNIA INC., MOISES MORAN, DRE #02083659; eXp Realty of Southern California, Inc., Andrew Warburton, DRE #01065333

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.