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30725 San Timoteo Canyon Road

Redlands, CA 92373
  • $1,496,000
  • STATUS: Closed
  • ON SITE: 18 Days
  • ID#: OC24024864
Sold - 02/23/2024
$1,496,000
SOLD - 02/23/2024
  • 0
    BEDS
  • 18.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2014
County:

School Ratings & Info

Listing Agent(s): Sameh Louis of Real Broker (619-248-6434)


Description

Welcome to an extraordinary 18.05-acre property, where prime investment meets residential luxury! The first 8.31-acre parcel features three meticulously crafted units, providing an ideal fusion of comfort and investment potential. On the adjacent 9.74-acre parcel, seize the opportunity for additional investments, accompanied by architect plans to optimize its full potential. With lucrative zoning for triplex use, this rare gem promises a harmonious blend of residential living and unparalleled investment possibilities.Income-Generating Property:Currently, this property is already generating income with month-to-month lease contracts in place. Whether you choose to continue this as a lucrative investment opportunity or call it home for your own living, the flexibility of existing lease agreements provides you with a seamless transition into ownership.The solar system, fully paid off, not only promotes an eco-friendly lifestyle but also ensures substantial energy savings. Additionally, your property comes equipped with a Well, guaranteeing a self-sufficient water supply that covers 100% of your needs. Immerse yourself in the perfect fusion of sustainability and comfort within this distinctive home.Property Highlights:- Total Land Area: 18.05 acres (Parcels Zoned Triplex Use)- Unit A: A spacious 3-bedroom, 2-bathroom house spanning 2,030 sqft - Unit B: A cozy 400 sqft unit with 1 bedroom and 1 bathroom- Unit C: A second unit featuring 2 bedrooms, 2 bathrooms, and 1,100 sqft- Garage Space: Three large car garages providing ample storage or additional rental opportunities.- Well: A reliable and robust well, ensuring a sustainable water source for the property.- Solar System: Enjoy the benefits of a fully paid-off solar system, contributing to energy efficiency and reduced operational costs.Financial Overview:- Month-to-month contracts on all three properties.Investment Potential:This property presents an excellent opportunity for investors capitalizing on the growing demand for rental properties. The diverse unit sizes cater to various tenant needs, providing a steady and attractive monthly income. The well and solar system enhance the property's sustainability and cost-effectiveness.Location and Zoning:Strategically situated on 18.05 acres, the property is zoned for triplex use, maximizing its potential and offering versatile development options. The location provides a harmonious blend of tranquility and accessibility.

Sold by Darcie Sestito of Homequest Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T14:32:29.693. 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 deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147348836
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30725 San Timoteo Canyon Road Redlands, CA 92373

  • Price: $1,496,000
  • Status: Closed
  • On Site: 18 Days
  • Updated: 75 min ago
  • ID#: OC24024864
0
Beds
0
Baths
0
½ Baths
18.05
Acres
2014
Built
Neighborhood:
268 - Redlands
County:
Riverside
Area:
268 - Redlands
Property Description
Welcome to an extraordinary 18.05-acre property, where prime investment meets residential luxury! The first 8.31-acre parcel features three meticulously crafted units, providing an ideal fusion of comfort and investment potential. On the adjacent 9.74-acre parcel, seize the opportunity for additional investments, accompanied by architect plans to optimize its full potential. With lucrative zoning for triplex use, this rare gem promises a harmonious blend of residential living and unparalleled investment possibilities.Income-Generating Property:Currently, this property is already generating income with month-to-month lease contracts in place. Whether you choose to continue this as a lucrative investment opportunity or call it home for your own living, the flexibility of existing lease agreements provides you with a seamless transition into ownership.The solar system, fully paid off, not only promotes an eco-friendly lifestyle but also ensures substantial energy savings. Additionally, your property comes equipped with a Well, guaranteeing a self-sufficient water supply that covers 100% of your needs. Immerse yourself in the perfect fusion of sustainability and comfort within this distinctive home.Property Highlights:- Total Land Area: 18.05 acres (Parcels Zoned Triplex Use)- Unit A: A spacious 3-bedroom, 2-bathroom house spanning 2,030 sqft - Unit B: A cozy 400 sqft unit with 1 bedroom and 1 bathroom- Unit C: A second unit featuring 2 bedrooms, 2 bathrooms, and 1,100 sqft- Garage Space: Three large car garages providing ample storage or additional rental opportunities.- Well: A reliable and robust well, ensuring a sustainable water source for the property.- Solar System: Enjoy the benefits of a fully paid-off solar system, contributing to energy efficiency and reduced operational costs.Financial Overview:- Month-to-month contracts on all three properties.Investment Potential:This property presents an excellent opportunity for investors capitalizing on the growing demand for rental properties. The diverse unit sizes cater to various tenant needs, providing a steady and attractive monthly income. The well and solar system enhance the property's sustainability and cost-effectiveness.Location and Zoning:Strategically situated on 18.05 acres, the property is zoned for triplex use, maximizing its potential and offering versatile development options. The location provides a harmonious blend of tranquility and accessibility.
Exterior Features

Carport Spaces 3 Carport YN Yes Construction Materials Copper Plumbing Entry Level 1 Entry Location Main Gate Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 1 Parking Features AsphaltCoveredDoor-MultiDirect AccessDrivewayElectric GateGarageGarage Door OpenerGravelGatedOn SitePavedPrivateRV Access/ParkingOne SpaceUnpaved Parking Total 9 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type Country RoadCounty RoadCity StreetHighwayPrivate Road Roof Shingle View City LightsCanyonDesertHillsLandmarkMountain(s)NeighborhoodPeek-A-BooRocksTrees/WoodsWater View YN Yes

Interior Features

Appliances Built-In RangeBarbecueMicrowave Common Walls No Common Walls Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features Blower FanDecorativeDining RoomElectricFamily RoomGasGas StarterGuest AccommodationsKitchenLiving RoomPrimary BedroomMulti-SidedOutsideSee ThroughWood BurningRecreation Room Fireplace YN Yes Flooring LaminateTile Heating Forced AirFloor FurnaceHigh EfficiencyPropaneSpace Heater Heating YN Yes Interior Features Open FloorplanPantryPartially FurnishedAll Bedrooms DownAtticBedroom on Main LevelDressing AreaWalk-In PantryWalk-In Closet(s)

Property Features

Additional Parcels YN Yes Association Amenities Pets Allowed Association Fee 0 Association YN No Buyer Financing Cash Common Interest None Community Features HikingSidewalks Current Financing ConventionalOther Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 7300 Gross Scheduled Income 7300 Inclusions Solar System Insurance Expense 0 Land Lease YN No Laundry Features In GarageIn KitchenPropane Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional Net Operating Income 1100 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 6200 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Single Family Residence Rent Control YN No Security Features Security SystemCarbon Monoxide Detector(s)Security GateSmoke Detector(s) Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Trash Expense 0 Utilities Cable AvailableElectricity AvailableElectricity ConnectedPropane Water Sewer Expense 0 Water Source PrivateShared WellWell



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T14:32:29.693. 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 deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Sameh Louis of Real Broker (619-248-6434)