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397 E Main, San Jacinto, California 92583, San Jacinto, 92583 - 15 bed, 8 bath

397 E Main, San Jacinto, California 92583 home-pic-0
ACTIVE$1,500,000$4,839/sqft
397 E Main, San Jacinto, California 92583
15Beds
8Baths
4,839Sqft
30,056Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Pre-Approved RCFE License: The property boasts a secured 25-bed Residential Care Facility for the Elderly (RCFE) license, offering a significant head start for a specialized operator.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4839, other record living area = 1356.

Compared to the nearby listings

Price:$1.50M vs avg $608.0K (+$892,000)83%
Size:4,839 sqft vs avg 2,400 sqft83%
Price/sqft:$310 vs avg $28167%

More Insights

Built in 1950 (76 years old).
Condition: Built in 1950, the property shows its age. While functional and equipped with some essential infrastructure like solar panels and fire sprinklers, the visible bathroom is significantly dated with older tiles and fixtures, suggesting renovations occurred 15-30 years ago rather than recently. The overall aesthetic requires substantial modernization to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1950
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
IV25271844
Home ConditionFair
Features
View-

About this home

This offering includes three single-story buildings across two combined parcels (0.83$ acres) in San Jacinto, California, formerly operating as a Residential Care Facility for the Elderly (RCFE) The total building area spans 4,840 square feet and is approved for an operational capacity of 25 beds. The property features unique, flexible zoning that combines Residential Multi-Family (RM) and Commercial Downtown (CD) districts. Crucially, the hardest part—securing the 25-bed license—is complete, making this an almost ready turnkey operation. The sale includes the real estate only, allowing a new owner to avoid paying for existing business goodwill. Buildings 377 and 397 E Main, along with 350 S Alessandro, provide a total of 15 bedrooms and 4.4 bathrooms. Located on a large lot with room for future expansion, the site offers significant development upside. The property also features essential infrastructure, including a fire sprinkler system, a security camera system, and solar panels. The combination of approved density, expansive acreage, and existing infrastructure makes this a truly unparalleled acquisition. Inquire today to explore the full potential of this exceptional multi-parcel offering.

M
MANNY BOBILA
Listing Agent
Condition Rating
Fair
Built in 1950, the property shows its age. While functional and equipped with some essential infrastructure like solar panels and fire sprinklers, the visible bathroom is significantly dated with older tiles and fixtures, suggesting renovations occurred 15-30 years ago rather than recently. The overall aesthetic requires substantial modernization to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Pre-Approved RCFE License: The property boasts a secured 25-bed Residential Care Facility for the Elderly (RCFE) license, offering a significant head start for a specialized operator.
Flexible Mixed-Use Zoning: Unique combined Residential Multi-Family (RM) and Commercial Downtown (CD) zoning provides exceptional versatility for various development or operational uses.
Development & Expansion Potential: Comprising two combined parcels totaling 0.83 acres, the site offers ample space for future expansion or additional development.
Existing Essential Infrastructure: Equipped with a fire sprinkler system, security cameras, and solar panels, reducing initial setup costs and enhancing operational readiness.
Multi-Building & Multi-Parcel Configuration: Three single-story buildings across two parcels provide flexibility in use and potential for diverse income streams or phased development.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4839, other record living area = 1356.
Niche Market Focus: The property's former use and specific licensing primarily appeal to a specialized RCFE operator market, potentially narrowing the buyer pool.
Age of Construction (1950): Built in 1950, the buildings may require significant capital investment for modernization, system upgrades, or deferred maintenance to meet contemporary standards.
No Existing Business Goodwill/Revenue: Sold as real estate only, the buyer will need to establish new operations and generate revenue from scratch, requiring additional investment and time beyond the property acquisition.
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