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10696 Cedar Avenue , #10700

Bloomington, CA 92316
  • $1,200,000
  • STATUS: Active
  • ON SITE: 214 Days
  • ID#: IV22236424
UPDATED: 25 min ago
$1,200,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): Cesar Medina of Keller Williams Riverside Cent (951-776-5700)


Description

Welcome to Bloomington's 10696, 10698, & 10700 on Cedar Ave. If you're an investor this property is perfect for you. Take advantage of this property's dual uses as a commercial & residential space. With this property, location is key. One property with three buildings spread across two parcels & the Buyer must purchase both parcels together in this sale. Two homes are in the front & one main home sits in the back of this level, rectangular lot. The two identical front units each have 624 square feet of living space & built in 1949. Each home features two bedrooms, a bathroom, a living room, a spacious kitchen, and a covered patio in the backyard. Each of the two front units has its own electrical meter & has had its own renovations, including upgraded flooring & windows. The two units are ideal for leasing to renters as homes for habitation or for leasing out as a compact office for professional use. There is plenty of parking on the property, especially in the carport area. A grassy space that is shaded by trees & has attractive landscaping is also present on the property. The unit in the back was built in 1965. It has a bonus room & a beautiful pool side lounge area with 1,524 SqFt of living space. This unit offers two bedrooms, a bathroom, a kitchen, & a huge living area with a fireplace. Back in the 1970s, this home received a 336 SqFt bonus room addition. Additionally, the garage has been transformed into a bonus/game room with its own bathroom & laundry area. The location of this property is ideal for generating the passive income you've been hoping for.....Make this property your's right away.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T18:35:00.753. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/134573888
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10696 Cedar Avenue , #10700 Bloomington, CA 92316

  • Price: $1,200,000
  • Status: Active
  • On Site: 214 Days
  • Updated: 25 min ago
  • ID#: IV22236424
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1949
Built
Neighborhood:
265 - Bloomington
County:
San Bernardino
Area:
265 - Bloomington
Property Description
Welcome to Bloomington's 10696, 10698, & 10700 on Cedar Ave. If you're an investor this property is perfect for you. Take advantage of this property's dual uses as a commercial & residential space. With this property, location is key. One property with three buildings spread across two parcels & the Buyer must purchase both parcels together in this sale. Two homes are in the front & one main home sits in the back of this level, rectangular lot. The two identical front units each have 624 square feet of living space & built in 1949. Each home features two bedrooms, a bathroom, a living room, a spacious kitchen, and a covered patio in the backyard. Each of the two front units has its own electrical meter & has had its own renovations, including upgraded flooring & windows. The two units are ideal for leasing to renters as homes for habitation or for leasing out as a compact office for professional use. There is plenty of parking on the property, especially in the carport area. A grassy space that is shaded by trees & has attractive landscaping is also present on the property. The unit in the back was built in 1965. It has a bonus room & a beautiful pool side lounge area with 1,524 SqFt of living space. This unit offers two bedrooms, a bathroom, a kitchen, & a huge living area with a fireplace. Back in the 1970s, this home received a 336 SqFt bonus room addition. Additionally, the garage has been transformed into a bonus/game room with its own bathroom & laundry area. The location of this property is ideal for generating the passive income you've been hoping for.....Make this property your's right away.
Exterior Features

Architectural Style Contemporary Carport Spaces 3 Carport YN Yes Construction Materials Stucco Entry Location Front Fencing Average ConditionWrought Iron Lot Features Front YardGardenLandscapedLevelRectangular LotStreet Level Number Of Separate Electric Meters 3 Open Parking Spaces 2 Other Structures Shed(S) Parking Features Carport Parking Total 6 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN No Road Frontage Type City Street Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Double OvenDishwasherElectric RangeGas RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling Central AirWall/Window Unit(S) Cooling YN Yes Door Features Sliding Doors Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features All Bedrooms DownMain Level Master Window Features Double Pane Windows

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Cable Tv Expense 1800 Common Interest None Community Features Urban Contingency Seller Has Many Belongings And Will Need A Longer Escrow To Empty Out Property Of All Belongings. Current Financing None Electric Standard Electric Expense 5916 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 2000 Land Lease YN No Laundry Features Common AreaInsideLaundry RoomOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Operating Expense 0 Pool Expense 1200 Possession See Remarks Property Condition Additions/AlterationsUpdated/Remodeled Property Sub Type Mixed Use Rent Control YN No Security Features PrewiredSecurity Gate Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Total Actual Rent 0 Trash Expense 816 Utilities Natural Gas AvailableNatural Gas ConnectedSewer ConnectedWater AvailableWater Connected Water Sewer Expense 1896 Water Source Public Zoning Bl/Cg-Scp



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T18:35:00.753. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Cesar Medina of Keller Williams Riverside Cent (951-776-5700)