NOT LISTED FOR SALE

24600 Atwood Ave Moreno Valley, CA 92553

Ramona Neighborhood
-- Bed
-- Bath
5,000 Sq Ft
0.92 Acres

Last Sold March 08, 2012

Last sale price $383,000 $77 Per Sq Ft

59 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Wood Flooring
  • 0.92 Acre Lot
  • Property is near public transit
  • Granite Countertops

About This Home

As of March 2012

HUGE PRICE REDUTION... STANDARD SALE.. NOT A SHORT SALE NOR REO. GREAT INCOME PROPERTY WITH A CAP RATE OF 9%.FIVE SEPARATE ADDREESSES:24600,24608,24610,24612,24614.EACH HOUSE HAS ITS OWN GARAGE EXCEPT24610.SELLER ALSO IS LISTING AGENT. THE PRORERTY HAS A CONTRACT WITH CITY OF MORENO VALLEY FOR 15 YEARS.

Last Agent to Sell the Property

Linda Mai

L.S. Gateway Realtors License #01406252 Listed on: 12/08/2009

Last Buyer's Agent

HENRY CHEING

INN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.92

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • City Lights Views

Kitchen

  • Gas Oven or Range
  • Range
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Laminate

Parking

  • 20 Car Garage
  • Front Facing Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • 0.92 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 341
  • Assessor Parcel Number 482040027

Community Details

Overview

  • 5 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,850
  • Trash Expense $1,188
  • Water Sewer Expense $2,857
  • New Taxes Expense $4,125
  • Gross Income $4,230
  • Net Operating Income $39,951

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.65
  • View: Yes
  • Water Sewer Expenses: 2857.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 482040027
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Tile Counters
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 76.60

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Trash Expense: 1188.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 39840.00
  • Lot Size Acres: 0.9150

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 4230.00
  • Gross Multiplier: 7.39
  • Gross Scheduled Income: 50760.00
  • Insurance Expense: 1850.00
  • Lot Size Area: 39840.0000 Square Feet
  • Net Operating Income: 39951.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 10845.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 4125.00
  • Tax Area: 21329
  • Tax Lot: 341

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2012 03/08/12 Sold $383,000 +2.1% $77 / Sq Ft
02/05/2010 02/05/10 Pending -- -- --
12/08/2009 12/08/09 For Sale $375,000 -- $75 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Mai

    L.S. Gateway Realtors

    Section Image

  • H

    Buyer's Agent in 2012

    HENRY CHEING

    INN REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P713569

California Regional Multiple Listing Service (CRMLS)

APN: 482-040-027

California Riverside County Moreno Valley 92553 Ramona

24600 Atwood Ave, Moreno Valley, CA

This home is located at 24600 Atwood Ave, Moreno Valley, CA 92553 since 08 December 2009. This property was built in 1966. 24600 Atwood Ave is a home located in Riverside County with nearby schools including Ramona Elementary School, Sunnymead Middle School, and Moreno Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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