21127 Packing House Court, Riverside CA, 92507
(Active)
$869,000
|
9 beds, 4 Full baths, 3,245 sqft
|
MLS# AR24067466
Last Updated: 5/8/2024 1:51 PM
Description for
21127 Packing House Court
Riverside, CA 92507
Welcome to the epitome of smart investing! This beautiful single-family residence in Spring Mountain Ranch Community offers avenues for generating income while enjoying the benefits of homeownership.Low Expenses, High Income Potential: With a fully paid-off solar system and no HOA fees, this property boasts minimal expenses, paving the way for impressive rental income and outstanding returns on investment.Live-in Landlord Opportunity: Picture yourself residing in one of the units while leasing out the remaining space. This unique arrangement allows you to enjoy the perks of homeownership while simultaneously reaping the benefits of rental income, making it an ideal option for those looking to build wealth through real estate.Prime Location for Rental Demand: Situated in a sought-after community with scenic mountain views and convenient access to major freeways and Loma Linda University Medical Center, Loma Linda Veterans Hospital, and schools, including University of California, Riverside. This property attracts a steady stream of renters, ensuring high occupancy rates and stable rental income.Chef's Kitchen and Modern Finishes: The sleek design of the chef's kitchen, featuring quartz countertops and top-of-the-line stainless steel appliances.Don't miss your chance to own this remarkable home with outstanding rental potential.
Price
$869,000
Riverside
9
4 Full
3,245 (approx)
AR24067466
Active
Description
Welcome to the epitome of smart investing! This beautiful single-family residence in Spring Mountain Ranch Community offers avenues for generating income while enjoying the benefits of homeownership.Low Expenses, High Income Potential: With a fully paid-off solar system and no HOA fees, this property boasts minimal expenses, paving the way for impressive rental income and outstanding returns on investment.Live-in Landlord Opportunity: Picture yourself residing in one of the units while leasing out the remaining space. This unique arrangement allows you to enjoy the perks of homeownership while simultaneously reaping the benefits of rental income, making it an ideal option for those looking to build wealth through real estate.Prime Location for Rental Demand: Situated in a sought-after community with scenic mountain views and convenient access to major freeways and Loma Linda University Medical Center, Loma Linda Veterans Hospital, and schools, including University of California, Riverside. This property attracts a steady stream of renters, ensuring high occupancy rates and stable rental income.Chef's Kitchen and Modern Finishes: The sleek design of the chef's kitchen, featuring quartz countertops and top-of-the-line stainless steel appliances.Don't miss your chance to own this remarkable home with outstanding rental potential.
Listing Information
| Property Type: Single Family, 2 Story | ||
| 9 | 4 Full | |
| 0.26 Acres | Assessor | 3,245 (approx) |
| 2022 | Yes-2 spaces | 2 |
Public
Public Sewer
Neighborhood
School Information
| District: Riverside Unified | ||
Room Information
| Bathrooms: Main Level: 2 | |||
| 4 | |||
Main Level: 4, Total: 9
Laundry Room,Upper Level
Interior Features
Central Air
Other,
Central
No Common Walls
Front Door
None
Loft,Main Level Primary,Primary Suite
Exterior / Lot Features
2 Garage Spaces,
2 Parking Spaces,
0 Covered Parking Spaces,
Direct Access,Garage
None
2-5 Units/Acre
Driving Directions
Take Palmyrita Ave and Pigeon Pass Rd to Packing House Ct
Financial Considerations
| 255631007 |
Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Price History
Riverside Real Estate
Riverside is located in California. Riverside, California 92507 has a population of 324,101.
The median household income in Riverside, California 92507 is $58,564. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Riverside 92507 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/10/2024 | Active | $869,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $12,859 USD | 175.96% | $809,594 USD | - |
| 2022 | $4,660 USD | 1.97% | $809,594 USD | 974.03% |
| 2021 | $4,570 USD | 1.74% | $75,379 USD | - |
| 2020 | $4,492 USD | - | $75,379 USD | - |