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Listing 14 out of 93
$699,000 For Sale

1060 7th Street
Norco, CA 92860

2 units | Multi Family Home
0.86 acres - MLS# IG19093325
Property Photo
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Description

2 ON 1 LOT. Live in one and rent the other. This a unique property that has a legal guest house. Situated on almost 1 acre of land. The properties have their own driveways and are set side by side and separated with a solid wood fence. Main house is estimated 1400 Sqft 2 Large bedrooms and 2 bathrooms, separated dinning room and large living room. It has a nice wood 3 horse barn with a tack room attached and a arena. Guest house is 912 sqft featuring 2 bedrooms, large family room with a wood burning fireplace, 1 bathroom and inside laundry. This property also has plenty of room for horses and an arena area. They have shared utilities. This is a great opportunity to own a property like this in Norco. It is located about 10 houses from the Riverbed which makes riding the Santa Ana Riverbed a few short steps from your door step. Both units need some cosmetic repairs but well worth owning a home like this.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92860
  • Year Built: 1925
  • Style: Ranch
  • Stories: One
  • Units: 2 units
  • Fireplace: Family Room, Yes
  • Lot Size: 0.86 acres
  • Accessibility: 2+ Access Exits
  • Zoning: A120M
  • Area: 250 - Norco
  • Appliances: Gas Oven, Water Heater
  • Appliances YN: Yes
  • Average 1 Bed Area: 1400
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area: 912
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1912.00
  • Building Area Units: Square Feet
  • Community Features: Horse Trails
  • Construction Materials: Drywall Walls, Frame, Stucco
  • Cooling: Central Air, Wall/Window Unit(s), Electric
  • Cooling YN: Yes
  • Country: US
  • Directions: between corona and temescal
  • Electric Expense: 300.00
  • Exterior Features: Corral
  • Fence YN: Yes
  • Fencing: Chain Link, Fair Condition
  • Foundation Details: Combination, Slab
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Heating: Central, Wall Furnace, Natural Gas
  • Heating YN: Yes
  • Insurance Expense: 1800.00
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Laundry YN: Yes
  • Listing Agent License: 01462550
  • Listing Office License: 01406566
  • Lot Features: Agricultural, Back Yard, Front Yard, Horse Property, Horse Property Improved, Lot 20000-39999 Sqft, Ranch
  • Lot Size Area: 37462.0000
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 41400.00
  • New Taxes Expense: 6800.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number With Range: 2
  • Operating Expense: 1800.00
  • Other Structures: Guest House, Guest House Detached, Second Garage Detached, Shed(s), Two On A Lot
  • Property Condition: Additions/Alterations, Repairs Cosmetic
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Actual Rent: 3600.00
  • Total Expenses: 1800.00
  • Trash Expense: 200.00
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Wood Frames
  • Year Built Source: Assessor
Courtesy of Keller Williams Realty, Tonja Bambrook



Choumas & Associates | 909-821-7133 | Email Us 
Candi Choumas CalBRE #01177993
Ashley Choumas CalBRE #01892987

2790 Cabot Drive #4-130 - Corona, CA 92883
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