1
Map
$267,000
●
Condo -
Off Market
31363 David Ln
Temecula, CA 92592
2 Beds
2 Baths
1,101 Ft²
$415,772
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
This Newly renovated Condo is move in ready with brand new hard
wood floors and new carpets installed a week ago.2 Bedrooms and 2
Bathrooms. Both bedrooms have direct access to the spacious
covered balcony. Master bedroom has a huge walk in closet.
INCLUDES. WASHER/ DRYER, REFRIGERATOR, STOVE AND DISHWASHER.
Single car garage with 2 assigned parking spaces.
Resort - like community ammenties which include pool and spa,
locker room with showers, BBQ facilities, Fitness center, Club
house kitchen. Ideally located just minutes away from the
freeway and all local schools. This condo falls in the Great Oak
high School boundary!!. Close to shopping and the new
Temecula Hospital is walking distance away. It is also close
to Pechanga resort and casino and 50 + wineries. Securely
located in a gated community. Ideal starter home or
Investment property (low maintenance ). DONT MISS OUT!!!.
Neighborhoods: Temecula Creek Complex Features: ,,,,,,,
Equipment: Fire Sprinklers,Garage Door Opener Other Fees: 0 Sewer:
Sewer Connected Topography: GSL
Unit Size
1,101 Ft²
Days on Market
57 days
Land Size
-
Price per sqft
$249
Property Type
Condo
Property Taxes
-
HOA Dues
$260
Year Built
2005
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #180049106)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2018 | Sold | ||
| Sold | |||
| Sep 1, 2018 | Listed by The Real Estate Company | $274,500 | |
| Listed by The Real Estate Company | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Garage, Garage Door Opener, DoorSingle
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, SixBurnerStove, GasCooking
Flooring Type: Carpet, Laminate, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Has Fireplace
Fireplace Features: Bath, Kitchen, Outside
Exterior Details
Has Property Attached
Square Footage: 1101
Property Condition: Updated/Remodeled, Turnkey
Year Built: 2005
Levels: One
Construction Materials: Stucco
Pool Features: Association, Community, Gunite, Heated, In Ground
Lot Size Units: Square Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
HOA Fee: $260
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/05/2025
| |
2 Bed
|
2 Bath
|
1101 ft²
|
$460,000
2 Bed
2 Bath
1101 ft²
|
$460,160
+0.03%
06/18/2025
|
Jessica Hales
First Team Real Estate
|
|
09/01/2018
| |
2 Bed
|
2 Bath
|
1101 ft²
|
$274,500
2 Bed
2 Bath
1101 ft²
|
$265,000
-3.46%
10/23/2018
|
Craig Coutts
The Real Estate Company
|
Building Info
About Temecula Creek Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Craig Coutts, The Real Estate Company
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180049106
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180049106
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