$3,000,000
769 S San Jacinto Ave, San Jacinto, CA 92583
0 Beds
0 Baths
26,869 SqFt

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Great cash flow on this fully occupied 16 unit mixed use commercial property. Even with the existing below market rents this property has a very good return on investment. One stand alone building is 4488 sqft and has a single tenant with a scheduled significant yearly rent increase. The other building is approximately 22,381 sqft and has 15 tenants. All of the units are wired with phase 3 power and have private bathrooms. Seven of the units have permitted lofts for extra storage or office space that are not included in the square footage listed. The property has access from S. San Jacinto Avenue and E. Shaver Street. The buildings are block construction and each unit has a large roll-up door as well as a man-door to an office area. There is an excellent mix of tenants including a barber shop, sign shop, churches, automotive shop, and professional services. Plenty of parking on-site with well maintained asphalt and a block wall surrounding the property. Separate electric meters for each unit and low maintenance landscaping and construction help to keep monthly expenses to a minimum The property has drastically reduced property taxes due to several of the tenants being churches. Busy street with the intersection of S. San Jacinto and Esplanade averaging over 18,000 cars per day.
  • Price:
  • $3,000,000
  • Square Footage:
  • 26,869
  • Acreage:
  • 1.58
  • Year Built:
  • 1996
  • Listing ID #:
  • PW22104298
  • Street Address:
  • 769 S San Jacinto Ave
  • City:
  • San Jacinto
  • State:
  • California
  • Postal Code:
  • 92583
  • County:
  • Riverside
  • Community:
  • Not Defined
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Building Security:
  • Fire Detection System, Fire Sprinkler System, Resident Manager, Smoke Detector(s)
  • Construction Description:
  • Block
  • Exterior Features:
  • Misting System
  • Number Of Units:
  • 16
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 26869
  • Year Built:
  • 1996
  • Year Built Source:
  • Owner
  • Annual Electric Expenses:
  • 1500
  • Annual Insurance Expenses:
  • 6300
  • Annual Trash Expenses:
  • 1908
  • Annual Water/Sewer Expenses:
  • 3000
  • Net Operating Income:
  • 212351
  • Operating Expense:
  • 33649
  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Features:
  • 11-15 Units/Acre, No Landscaping, Near Public Transit, Paved
  • Lot Size:
  • 68825
  • Lot Square Footage:
  • 68825
  • Days On Market:
  • 81
  • On Market Date:
  • 2022-05-17
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash To New Loan, Owner May Carry
  • Property Taxes:
  • $20,941
  • Fence:
  • Block, Chain Link
  • Cooling System:
  • Central Air
  • Electricity:
  • 220 Volts
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central
  • Utilities:
  • Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Ethan Lema with 2K Realty
  • CACRMLS

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