58489 Mcarthur Road
About This Property
The 3-bedroom, 2-bathroom home is move-in ready featuring an open floor plan, updated cabinetry, new flooring, and indoor laundry. The 22x34 garage offers space for vehicles, equipment, storage, or a workshop. On a permanent 433-A foundation, this home qualifies for conventional, FHA, and VA financing.
The 4.19 usable acres open the door to endless possibilities. The Anza Valley climate supports fruit trees, nut trees, berries, and year-round gardening. Hobby farmers will appreciate the space to add horse corrals, chicken coops, pig pens, and animal facilities subject to Riverside County requirements. Additional structures such as a workshop, art studio, or guest retreat are also possible, allowing buyers to build the property out to fit their vision.
At approximately 4,000 feet elevation in Riverside County, Anza Valley runs cooler than surrounding desert communities and offers a true four-season climate. The area attracts equestrians, nature lovers, off-road enthusiasts, and those seeking a quieter pace of life without losing access to city amenities nearby.
Buyers searching for horse property in Riverside County, rural homes near Temecula, country property near Palm Springs, or affordable Southern California acreage will want to take a close look. Starlit skies, Milky Way views, and campfire evenings make this a rare lifestyle opportunity. Move-in ready, financing friendly, and full of potential.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by Performance Estates & Homes | $440,000 | |
| Listed by Performance Estates & Homes | |||
| Jul 3, 2022 | No longer available | - | |
| No longer available | |||
| Jun 30, 2022 | Listed by NATIONAL REALTY GROUP | $490,000 | |
| Listed by NATIONAL REALTY GROUP | |||
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Must See Property Open Space Amazing Open land . The manager has listed the unit size as 1456 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017