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6916 36th Street, Jurupa Valley, California 92509, Jurupa Valley, 92509 - 5 bed, 2 bath

6916 36th Street, Jurupa Valley, California 92509 home-pic-0
ACTIVE$740,000
6916 36th Street, Jurupa Valley, California 92509
5Beds
2Baths
1,800Sqft
10,890Lot
Year Built
2023
Close
-
List price
$740K
Original List price
$780K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
IV25111859
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $740.0K(50th), sqft - 1800(50th), beds - 5(50th), baths - 2(50th).

Fantastic Investment Opportunity in Jurupa Valley! This beautifully updated duplex offers two separate homes on one lot, each with their own private entrances, mailboxes, and storage units. The front unit was completely rebuilt in 2020, featuring a good roof, new flooring, a stove included, and a dedicated storage space. The rear unit was rebuilt in 2023, new roof, new flooring, and central A/C for year-round comfort. Front house 6916 36th Street, Jurupa Valley 92509 1125.SF Back house 6914 36th Street, Jurupa Valley 92509 725.SF This income-generating property is being sold with tenants in place: the front unit rents for $1,800/month and the back unit for $1,500/month, with both tenants holding security deposits. Whether you're a seasoned investor or looking to start your real estate portfolio, this turnkey duplex is a smart move.

Condition Rating
Excellent
This duplex has undergone extensive and very recent renovations. The front unit was completely rebuilt in 2020, and the rear unit in 2023, including new roofs and new flooring in both. The rear unit features a modern kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting, along with a contemporary bathroom and central A/C. The front unit's kitchen, while more traditional with dark wood cabinets, is also updated with new countertops and backsplash, and the bathroom is clean and functional. All components appear new or virtually new, meeting current quality standards with minimal physical depreciation, aligning perfectly with the 'Excellent' criteria for properties extensively renovated within the last 5 years.
Pros & Cons

Pros

Turnkey Investment: This property is explicitly marketed as an 'income-generating property' with 'tenants in place' and security deposits, offering immediate cash flow for investors.
Recent Extensive Updates: Both units have undergone significant rebuilds/updates (2020 & 2023), including new roofs and flooring, minimizing immediate capital expenditures for a new owner.
Independent Duplex Units: Features two distinct homes with separate entrances, mailboxes, and storage, enhancing tenant privacy and maximizing rental appeal.
Modern Comforts (Partial): The rear unit benefits from central air conditioning, a desirable amenity for year-round comfort.
Scenic Mountain Views: The property offers desirable mountain views, adding to its aesthetic appeal and potential long-term value.

Cons

Inconsistent Cooling System: Only the rear unit has central A/C; the larger front unit lacks this modern comfort, which could be a disadvantage for tenants during warmer months.
Recent Price Reduction: The property has seen a $40,000 price reduction from its original list price, potentially indicating initial overpricing or market resistance.
Modest Unit Sizes: With units at 1125 sqft and 725 sqft, the individual living spaces are relatively compact, which might limit tenant demographics or future rental upside compared to larger properties.

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