Owner
$687,079
32589 RICHARDSON ST, MENIFEE, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
1
sq. ft.
1,749
property type
Single Family Residential
hoa
Yes
About
Residential
Living Area
Attached Garage
1 Story
Central
Wood
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2021
Building Size
1,749 sq ft
Lot Size
5,227 sq ft
Lot Size (Acres)
0.12 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
466-412-024
County
Riverside County, California
Metro Area
Riverside-San Bernardino-Ontario, CA
Zoning
—
Neighborhood/Subdivision
—
Lot Number
49
School District
—
Legal Description
ACRES 0.12000000 ACREAGEQUALCODE ML LOT 49 LOTTYPE L MAPPLATB 477 MAPPLATP 066 SUBDIVISIONNAME TR 36785-2
Tax & Value Information
Market Value (Total)
—
Building Value
—
Land Value
—
Annual Property Tax
$10,810
Tax Assessment Year
2024
Assessed Value
$558,638
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
12/7/2021
Recording Date
12/30/2021
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$26,586
Return on Investment
15.60%
After Repair Value
$755,787
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$618,371
Renovation Cost
$34,354
Closing Costs (buying)
$12,367
Holding Costs
$18,761
Selling Costs
$45,347
Total Investment
$170,396
After Repair Value (ARV)
$755,787
Total Costs
$729,201
Estimated Profit
$26,586
Cash Invested
$158,028
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area