33043 Wesley St, Winchester, California 92596, Winchester, 92596 - 0 bed, 0 bath
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Winchester, California 92596
This 4-unit Prime Investment Opportunity is listed at $968,000, positioned well below the $1,005,488 Fair Market Value by 3%. This valuation gap provides $37,488 in Instant Equity. With a Condition Rating of 3, the property features a brand-new 2025 roof and remodeled units, ensuring stable cash flow. Located near Winchester Elementary, this asset offers a diverse unit mix and distant mountain views. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange buyers seeking a low-maintenance, income-generating portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33043 Wesley St Subject | $968,000* List Price | 0 | 0 | 2,272 | $443 | - |
A 33043 Wesley Street Active | $968,000 List Price | 0 | 0 | 2,272 | $426 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1963, the property has been well-maintained with a brand-new roof installed in February 2025. All units were remodeled prior to current tenancies, making the property functional and move-in ready for an investor without immediate major maintenance needs.
This quadruplex generates a robust gross monthly income of $6,780 with a diverse unit mix, providing immediate cash flow and a solid foundation for a high-yield investment portfolio.
With a brand-new roof installed in February 2025 and all units remodeled prior to current tenancies, the property offers reduced immediate maintenance requirements and improved asset longevity.
Situated within walking distance to Winchester Elementary and local community centers, the property is ideally positioned to attract long-term tenants seeking a quiet, family-friendly neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2272, other record living area = 1628.
Built in 1963, the property may possess older underlying plumbing or electrical systems that could necessitate future capital expenditures beyond the recent cosmetic and roof upgrades.
The local elementary and middle schools have relatively low performance ratings (3 and 2 respectively), which may limit the property's appeal to certain family-oriented tenant demographics.
Tucked into a peaceful neighborhood with true small-town charm, this hard-to-find 4-unit property offers stable cash flow and strong tenant appeal. The mix includes: 1 spacious 4 bed, 2 bath unit renting for $2,310/month. 1 comfortable 3 bed, 2 bath unit renting for $2,280/month. 1 charming 2 bed, 1 bath unit renting for $1,295/month. 1 efficient studio renting for $895/month. That’s $6,780/month in total gross rents, with room for upside. The roof was just redone in February of 2025. All units remodeled before current tenants took possession. For interior photos, please request from the listing agent. Located just blocks from Winchester Elementary and the Francis Domenigoni Community Center, with Diamond Valley Lake a short drive away, this is a prime location for long-term tenants seeking quiet living with easy access to recreation and schools. Whether you're looking to house hack, add a strong income property to your portfolio, or 1031 into a low-maintenance asset, this one checks all the boxes. Properties like this rarely hit the market—don’t miss it.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 5.4 mi
Grades 9-12 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1963 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 28, 2026
$968,000
Initial Listing
Apr 4, 2019
$430,000
Public Record
May 24, 2018
$339,000
Public Record
Jul 25, 2017
$100,000
Public Record
Dec 30, 2009
$110,000
Public Record