$220,000
●
Mobile Manufactured -
Off Market
32165 Beecher Street
Wildomar, CA 92595
2 Beds
1 Bath
784 Ft²
$333,483
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Opportunity knocks!! Rural 1.19 acres situated in Wildomar with 2
bedroom 2 bath manufactured home. Property is fully fenced, flat
and all useable with endless potential. There are many uses for the
property being it is over an acre. Buyer to check with the City of
Wildomar as to the uses, zoning, possible lot split, additional
second dwelling or tearing mobile off and installing new unit. Very
quiet location with lots of privacy yet close to all the necessary
amenities. Value is in the land as the manufactured home in its
present condition will not qualify for financing. Seller is looking
to sell AS IS and is not willing to make any repairs to structure.
Bring your imagination and make this your country paradise.
Unit Size
784 Ft²
Days on Market
41 days
Land Size
1.19 acres
Price per sqft
$281
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1984
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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 (CRMLS #SW18112535)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2019 | Sold | ||
| Sold | |||
| Dec 5, 2018 | Listed by CHAMELEON/Red Hawk Realty | $225,500 | |
| Listed by CHAMELEON/Red Hawk Realty | |||
 | |||
|
No big deal, just your average country property looking GORGEOUS on a typical SoCal winter day...! Investors, MUST SEE! Vintage/ cute older mobile would be an easy fix to turn into a charming rental or full time residence. OVER AN ACRE - plenty of room to suit your needs. BRING YOUR CRITTERS! BRING YOUR TOYS! Already set up for horsies & other 4-legged creatures. Just down the way from Lake Elsinore for boating & sport. Ideal opportunity to create what you need, create income, STOP PAYING FOR STORAGE/BOARDING! Home is permitted, but does not have the 433 certificate. Have quote to install in escrow OR ask us about finance company, they state they can finance with 5% down even without the 433. Or seller may carry!
| |||
| Dec 4, 2018 | No longer available | - | |
| No longer available | |||
| Nov 21, 2018 | No longer available | - | |
| No longer available | |||
| Nov 21, 2018 | Price Increased |
$235,000
↑ $5K
(2.2%) | |
| Price Increased | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wildomar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Eileen Grajczyk, Hill Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18112535
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18112535
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