11411 Cherry Avenue, Cherry Valley

Cherry Valley Home For Sale

Welcome to this fantastic investment opportunity in Beaumont, CA! This newly renovated property features 7 thoughtfully designed units, each offering the convenience of in-unit laundry hookups, central air conditioning, and heating. Out of the 7 units, 6 are equipped with their own private 1-car garage, providing secure and convenient parking for tenants. Each unit is designed with comfort and practicality in mind, making them highly attractive to prospective renters. With its blend of essential amenities and potential for rental income, this property presents an exceptional opportunity for investors or property managers looking to expand their portfolio. The strategic location in Banning ensures consistent demand and offers a promising return on investment. Don’t miss out on the chance to own this versatile and income-generating asset! Currently generates $17,750 in rental income, rent increase potential. Seller financing available.

Property Details

11411 Cherry AvenueLot Size: 1.86Bedrooms: 24Bathrooms: 8Price: $2,888,000Zip: 92223
MLS® #: EV24159859Neighborhood: Solera (SLRA)Levels: OneGarages: 6School District: Listed By: Minerva Rodas, PONCE & PONCE REALTY, INC

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Additional Information

  • City:
    Cherry Valley
  • County:
    Riverside
  • Zip:
    92223
  • MLS® #:
    EV24159859
  • Bedrooms:
    24
  • Bathrooms:
    8
  • Lot Size:
    1.86
  • Neighborhood:
    Solera (SLRA)
  • Levels:
    One
  • Garages:
    6
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of August 3rd, 2024 at 3:15am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.