10878 Crowther Lane, Cherry Valley, CA 92223

$449,999

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List Price
$449,999
Status
COMING SOON
MLS#
TR26212381
Year Built
1958
Lot Size
8,712
Acres
0.20
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Single Family Residential
Style
Bungalow
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
N/A

Property Description

INVESTORS & OWNER-OCCUPANTS-DON’T MISS THIS UNIQUE OPPORTUNITY! Located in the city of Cherry Valley known for its beautiful rolling hills, the Lavender Festival, Bogart Park, and Oak Glen apple country, this turnkey property offers approximately 1,325 sq. ft. of combined space with multiple living areas, rental income, and plenty of flexibility on a spacious 8,712 square feet lot. Whether you’re looking for an income-producing property, multigenerational living, or the opportunity to live in one space and rent the other, this property offers plenty of possibilities. The front home offers approximately 825 sq. ft. with 2 bedrooms and 1 bathroom. The property also features an approximately 500 sq. ft. detached rear living area with 1 bedroom and 1 bathroom. The generous 8,712 square feet lot offers plenty of space for RV parking, potential for an ADU, or your own fruit and vegetable garden. Both spaces are currently occupied by stable, ON-TIME PAYING TENANTS, providing IMMEDIATE RENTAL INCOME. The front home features updated kitchen, spacious bedrooms, and central A/C. The rear living area was extensively remodeled in 2023 and features a new kitchen with quartz countertops and cabinetry, new split A/C units and heat pump, water-resistant laminate flooring, and an upgraded electrical panel. A separate workshop offers an exciting opportunity for a home office, additional living space, or additional storage. Income today, flexibility for tomorrow, and plenty of room to make it your own! All information is deemed reliable but not guaranteed. Buyer and buyer’s agent are advised to independently verify all information, including square footage, room count, permitted use, zoning, building permits, and potential uses with the appropriate government authorities.

Additional Information

Appliances
Gas Oven, Gas Range, Water Heater
Pool Description
None
Fireplace Description
Guest Accommodations
Heat
Central
Cooling
Yes
Cooling Description
Central Air, See Remarks
View
None
Sewer
Septic Tank
Water
Public
Interior Features
Bedroom on Main Level, Main Level Primary
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$36,540
Operating Expense
1200

Listing courtesy of Listing Agent: William Leong (webuyequities@gmail.com) from Listing Office: WiseChoice Real Properties.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.