NOT LISTED FOR SALE

46880 Rainbow Canyon Rd Temecula, CA 92592

6 Beds
6 Baths
2,400 Sq Ft
1.47 Acres

Last Sold September 12, 2014

Last sale price $330,000 $138 Per Sq Ft

30 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Landscaped
  • Temecula Luiseno Elementary Rated A-
  • Mountainous Community
  • Heating Available

About This Home

As of September 2014

BOM subject to escrow cancellation. Six 400 square foot individual units that have been continuously rented for the past 20 years. Picturesque setting includes a variety of mature trees including oaks and tall palms. These units have easy freeway access. This property has been owned by the same family for over 30 years. This is a great opportunity for your client.

Last Agent to Sell the Property

Mark Winslow

Brenson Realty, Inc. License #01346462 Listed on: 07/18/2014

Last Buyer's Agent

James Brennan

Brenson Realty, Inc. License #01800344

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 1.47 Acre Lot
  • Property fronts a county road
  • No Common Walls
  • Landscaped

Parking

  • 8 Parking Spaces

Home Design

  • 2,400 Sq Ft Home
  • Cosmetic Repairs Needed
  • Block Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, HVAC maintenance
  • Tax Lot 005
  • Tax Tract Number 45526
  • Assessor Parcel Number 918160005

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 6 Units
  • Mountainous Community

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $2,100
  • Maintenance Expense $1,200
  • Trash Expense $1,452
  • Water Sewer Expense $720
  • New Taxes Expense $3,630
  • Gross Income $2,400
  • Net Operating Income $19,698

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 720.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 918160005
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 137.50

Exterior Features

  • Foundation: Block
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Sewer: Conventional Septic
  • Trash Expense: 1452.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Urban

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 64033.00
  • Lot Size Acres: 1.4700

Rental Info

  • Tenant Pays: Electricity, HVAC Maintenance

Multi Family

  • Average Studio Area: 400
  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 64033.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 19698.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 9102.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3630.00
  • Tax Lot: 005
  • Tax Tract Number: 45526
  • Tax Year: 2013

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 List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $330,000 0.0% $138 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $330,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Winslow

    Brenson Realty, Inc.

  • James Brennan

    Buyer's Agent in 2014

    James Brennan

    Brenson Realty, Inc.

    (858) 442-9571

    20 Total Sales

    James Brennan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14133890

California Regional Multiple Listing Service (CRMLS)
California Riverside County Temecula 92592

46880 Rainbow Canyon Rd, Temecula, CA

This home is located at 46880 Rainbow Canyon Rd, Temecula, CA 92592 since 18 July 2014. This property was built in 1936. 46880 Rainbow Canyon Rd is a home located in Riverside County with nearby schools including Temecula Luiseno Elementary, Erle Stanley Gardner Middle School, and Great Oak 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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