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501 S Mistletoe Avenue

San Jacinto, CA 92583
  • $2,720,000
  • STATUS: ACTIVE
  • ON SITE: 46 Days
  • ID#: CV23194424
UPDATED: 53 min ago
$2,720,000
  • 5
    BEDS
  • 1.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased exclusively present the opportunity to acquire California Palms Mobile Home Park, located at 501 South Mistletoe Avenue in the city of San Jacinto, California. Constructed in 1976, California Palms Mobile Home Park sits on a 1.70 acres parcel and is one-half a mile east of Downtown San Jacinto. The mobile home park is an all-age community that features thirty-four sites: one three-bedroom/one-bathroom house, one one-bedroom/one-bathroom house, two studio/one-bathroom units, and thirty mobile home spaces. Twenty-seven mobile homes are park owned. Select mobile homes and travel trailers have been refurbished with a new roof, windows, and air-conditioners. Streets and driveways are newly paved with cement and reinforced with steel. In fact, fifteen of the spaces have curved cement walkways. Brand new USPS lockable mailboxes have been installed inside the park. The park also features well-maintained landscaping with newly installed red bark and new water-saving drip system. For underground systems, the mobile home park offers new copper wiring, new electrical panels, new electric, gas, and water meters for the majority of the units. California Palms Mobile Home Park is also well-served by city water and sewer. The gas, electricity, and water for the spaces are sub-metered, and sewer and trash are paid by the owner. California Palms Mobile Home Park is ideally located amongst single family homes and across the street from Mistletoe Park, a 2.23 acres outdoor recreational area featuring a large pavilion, picnic areas, two half court basketball pads, a water fountai We are pleased exclusively present the opportunity to acquire California Palms Mobile Home Park, located at 501 South Mistletoe Avenue in the city of San Jacinto, California. Constructed in 1976, California Palms Mobile Home Park sits on a 1.70 acres parcel and is one-half a mile east of Downtown San Jacinto. The mobile home park is an all-age community that features thirty-four sites: one three-bedroom/one-bathroom house, one one-bedroom/one-bathroom house, two studio/one-bathroom units, and thirty mobile home spaces. Twenty-seven mobile homes are park owned. Select mobile homes and travel trailers have been refurbished with a new roof, windows, and air-conditioners. Streets and driveways are newly paved with cement and reinforced with steel. In fact, fifteen of the spaces have curved cement walkways. Brand new USPS lockable mailboxes have been installed inside the park. The park also features well-maintained landscaping with newly installed red bark and new water-saving drip system. For underground systems, the mobile home park offers new copper wiring, new electrical panels, new electric, gas, and water meters for the majority of the units. California Palms Mobile Home Park is also well-served by city water and sewer. The gas, electricity, and water for the spaces are sub-metered, and sewer and trash are paid by the owner. California Palms Mobile Home Park is ideally located amongst single family homes and across the street from Mistletoe Park, a 2.23 acres outdoor recreational area featuring a large pavilion, picnic areas, two half court basketball pads, a water fountain, and multiple shaded playgrounds. Major department and grocery stores such as Walmart, Cardenas Markets, Dollar General, ALDI, and Stater Brothers Markets are within a two-mile radius of the mobile home park. Additionally, the city of San Jacinto is home to the Soboba Springs Casino Resort and Country Club, located at the base of San Jacinto Mountain two miles east of the subject property. The country club is one of the best golf destinations in the San Jacinto Valley that features a challenging 18-hole golf course, picturesque landscape, driving range, event venues, and an award-winning 32,000-square-foot clubhouse. With its stunning panoramic view of the San Jacinto Mountains, the country club was once voted Best Place to Play by the Inland Empire Magazine.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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501 S Mistletoe Avenue San Jacinto, CA 92583

  • Price: $2,720,000
  • Status: ACTIVE
  • On Site: 46 Days
  • Updated: 53 min ago
  • ID#: CV23194424
5
Beds
0
Baths
0
½ Baths
1.7
Acres
Neighborhood:
Riv Cty-San Jacinto (92583)
County:
Riverside
Area:
Riv Cty-San Jacinto (92583)
Property Description
We are pleased exclusively present the opportunity to acquire California Palms Mobile Home Park, located at 501 South Mistletoe Avenue in the city of San Jacinto, California. Constructed in 1976, California Palms Mobile Home Park sits on a 1.70 acres parcel and is one-half a mile east of Downtown San Jacinto. The mobile home park is an all-age community that features thirty-four sites: one three-bedroom/one-bathroom house, one one-bedroom/one-bathroom house, two studio/one-bathroom units, and thirty mobile home spaces. Twenty-seven mobile homes are park owned. Select mobile homes and travel trailers have been refurbished with a new roof, windows, and air-conditioners. Streets and driveways are newly paved with cement and reinforced with steel. In fact, fifteen of the spaces have curved cement walkways. Brand new USPS lockable mailboxes have been installed inside the park. The park also features well-maintained landscaping with newly installed red bark and new water-saving drip system. For underground systems, the mobile home park offers new copper wiring, new electrical panels, new electric, gas, and water meters for the majority of the units. California Palms Mobile Home Park is also well-served by city water and sewer. The gas, electricity, and water for the spaces are sub-metered, and sewer and trash are paid by the owner. California Palms Mobile Home Park is ideally located amongst single family homes and across the street from Mistletoe Park, a 2.23 acres outdoor recreational area featuring a large pavilion, picnic areas, two half court basketball pads, a water fountai We are pleased exclusively present the opportunity to acquire California Palms Mobile Home Park, located at 501 South Mistletoe Avenue in the city of San Jacinto, California. Constructed in 1976, California Palms Mobile Home Park sits on a 1.70 acres parcel and is one-half a mile east of Downtown San Jacinto. The mobile home park is an all-age community that features thirty-four sites: one three-bedroom/one-bathroom house, one one-bedroom/one-bathroom house, two studio/one-bathroom units, and thirty mobile home spaces. Twenty-seven mobile homes are park owned. Select mobile homes and travel trailers have been refurbished with a new roof, windows, and air-conditioners. Streets and driveways are newly paved with cement and reinforced with steel. In fact, fifteen of the spaces have curved cement walkways. Brand new USPS lockable mailboxes have been installed inside the park. The park also features well-maintained landscaping with newly installed red bark and new water-saving drip system. For underground systems, the mobile home park offers new copper wiring, new electrical panels, new electric, gas, and water meters for the majority of the units. California Palms Mobile Home Park is also well-served by city water and sewer. The gas, electricity, and water for the spaces are sub-metered, and sewer and trash are paid by the owner. California Palms Mobile Home Park is ideally located amongst single family homes and across the street from Mistletoe Park, a 2.23 acres outdoor recreational area featuring a large pavilion, picnic areas, two half court basketball pads, a water fountain, and multiple shaded playgrounds. Major department and grocery stores such as Walmart, Cardenas Markets, Dollar General, ALDI, and Stater Brothers Markets are within a two-mile radius of the mobile home park. Additionally, the city of San Jacinto is home to the Soboba Springs Casino Resort and Country Club, located at the base of San Jacinto Mountain two miles east of the subject property. The country club is one of the best golf destinations in the San Jacinto Valley that features a challenging 18-hole golf course, picturesque landscape, driving range, event venues, and an award-winning 32,000-square-foot clubhouse. With its stunning panoramic view of the San Jacinto Mountains, the country club was once voted Best Place to Play by the Inland Empire Magazine.
Exterior Features

Pool N/K

Interior Features

Total Baths Unit1 3 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 6.56 Annual Expense Actual 158619 Buildings 3 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 9.27 Gross Scheduled Income Actual 293400 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1680.0 Unit2 Rent Actual 910.0 Unit3 Rent Actual 628.0 Unit4 Rent Actual 686.0 Zoning Other

San Diego MLS logo Listing provided courtesy of Douglas Mccauley of Marcus & Millichap: 626-695-6776. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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