$340,000
$345,000
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20885 Magnolia AVE Nuevo/lakeview, CA 92567
2.03 Acres Lot
Key Details
Sold Price $340,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LG19011305
Sold Date 06/07/19
HOA Y/N No
Year Built 1978
Lot Size 2.030 Acres
Acres 2.03
Lot Dimensions Assessor
Property Description
Two separate units on over two acres in the unincorporated City of Lakeview/Nuevo. Seller May carry with at least 30% down. Both units are currently rented to separate, long term tenants. Units are permitted, on permanent foundations, and in good condition. The larger of the 2 homes is a doublewide, 4 bedroom, 3 bath, with a 3-car detached garage on 1 acre. The smaller home is a single wide, 2 bedroom, 2 bath with 2-car detached garage on 1 acre. Parcel is fenced and also crossed fenced to give each home approximately 1 acre for horses, animals, vehicles, parties, outbuildings, or growing. Each unit has separate electric meter, propane, and septic. Magnolia is only one block from Hansen Ave. for easy access to the Ramona Expressway to the I-215 or the realigned 79 Hwy. Great family location. Close to schools. Val Verde Union District and Nuview Elementary. Val Verde High School on Nuevo Rd and Perris Blvd. Walmart, Stater Bros., corner gas stations, Cinemas, restaurants and more. Huge Lowes and Ross Distribution Centers on Nuevo Rd., just before the I-215. New commercial and industrial planned for the community. Employment and housing in high demand for all the new construction. New housing tracts, new schools and parks are planned and approved for the Lakeview/Nuevo community. Residential Income properties with large lots are becoming rare in the area. Great Investment! Riverside County, the fastest growing County in Southern California.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R-A
Rooms
Other Rooms Two On A Lot
Ensuite Laundry Inside
Interior
Interior Features Built-in Features, Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level, Main Level Master
Laundry Location Inside
Heating Central
Cooling Central Air, See Remarks
Flooring Carpet, Laminate
Fireplaces Type See Remarks
Fireplace Yes
Appliance Built-In Range, Propane Cooktop, Propane Oven, Propane Range
Laundry Inside
Exterior
Garage Door-Multi, Garage, Gated, Oversized, Private, RV Access/Parking
Garage Spaces 5.0
Garage Description 5.0
Fence Average Condition, Chain Link, Cross Fenced
Pool None
Community Features Rural, Park
Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Not Available, Propane, Phone Connected, Sewer Not Available, Water Connected
View Y/N Yes
View Hills
Accessibility Accessible Entrance
Parking Type Door-Multi, Garage, Gated, Oversized, Private, RV Access/Parking
Total Parking Spaces 5
Private Pool No
Building
Lot Description Corner Lot, Corners Marked, Horse Property, Lot Over 40000 Sqft, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level
Faces East
Story 1
Entry Level One
Sewer Septic Tank
Water Public
Level or Stories One
Additional Building Two On A Lot
New Construction No
Others
Senior Community No
Tax ID 426220022
Acceptable Financing Cash, Owner May Carry, Submit
Horse Property Yes
Listing Terms Cash, Owner May Carry, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Shawn Smithson • RE/MAX Evolution