24426 Dracaea Avenue
Moreno Valley, CA 92553
MLS #CV17014255

Income
  • 18units
  • 27,000sq ft
$4,900,000
Est. P&I payment: $18714.68/mo
24426 Dracaea Avenue, Moreno Valley, CA 92553
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Description for 24426 Dracaea Avenue, Moreno Valley, CA 92553
18 THREE STORY LUXURY TOWN HOMES FOR SALE. ALL HAVE SEPARATE APN#S BUT HOA HASN'T BEN ACTIVATED YET. COULD BE ACTIVATED AND SOLD SEPARATELY IN THE FUTURE. 10 UNITS HAVE 3 BEDROOMS 2.5 BATHS PLUS LOFT ON THIRD FLOOR. 8 UNITS HAVE 3 BEDROOMS 3.5 BATHS, ALL EIGHT OF THESE HAVE MASTER SUITES. UPGRADES INCLUDE MARBLE FLOORS IN KITCHEN, GRANITE COUNTERTOPS IN KITCHENS & BATHS, , HIGH CEILINGS, BERBER CARPET, WHIRLPOOL STAINLESS STEAL APPLIANCES, CANADIAN MAPLE WOOD CABINETS, WASHER AND DRYER HOOK UPS, CENTRAL AIR AND HEAT, DOUBLE PAIN WINDOWS, 2 CAR GARAGES, PATIOS, ALL UNITS ARE IN GOOD SHAPE. TENANTS PAY ELECTRIC AND GAS.
MLS #CV17014255
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My Notes for MLS #CV17014255

General Features

  • Number Of Buildings: 5
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Year Built: 2007
  • Elevation Units: Feet

Exterior Features

  • Lot Features: 16-20 Units/Acre
  • Lot Size SqFt: 993
  • Lot Size Units: Square Feet
  • Garage Spaces: 2
  • Parking Total: 2
  • Pool Features: None
  • Common Walls: 2+ Common Walls
  • Property Attached YN: 1

Interior Features

  • Levels: Three Or More
  • Fireplace Features: None
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area: 1,500
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Heating YN: 1
  • Heating: Central Furnace
  • Water Source: Public
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 3

Financial Features

  • Electric Expense: 300
  • Gross Scheduled Income: 335,400
  • Insurance Expense: 5,500
  • Net Operating Income: 269,938
  • Operating Expense: 55,400
  • Price Per SqFt: 181.48
  • Professional Management Expense: 13,000
  • Total Expenses: 55,400
  • Trash Expense: 6,400
  • Vacancy Allowance: 10,062
  • Vacancy Allowance Rate: 3
  • Water Sewer Expense: 15,800
  • Tax Lot: 1
  • Gardner Expense: 4,000
  • Gross Income: 335,400
  • Gross Operating Income: 325,338
  • Total Actual Rent: 27,500

Community Features

  • Community Features: Curbs

Miscellaneous Features

  • Building Area Total: 27,000
  • Building Area Units: Square Feet
  • Days On Market: 377
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 558
  • Tax Census Tract: 425.15
  • Tax Tract Number: 31,431

Location

 
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Directions to 24426 Dracaea Avenue, Moreno Valley, CA 92553
E. 60 R. on Heacock L. Dracaca
Listing information for 24426 Dracaea Avenue, Moreno Valley, CA 92553 was graciously provided by our friends at the listing brokerage, ARTHUR DRESCH REALTY and by listing agent DRESCH ARTHUR DRE# 01246309

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P&I Payment $18714.68
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/18/2018 at 3:37am
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