35450 Calle Nopal, Temecula, CA 92592  

BACK ON THE MARKET! Active, income-producing vacation rental opportunity with verified GSI of nearly $150,000 for 2015 and a 7.5% CAP RATE AT LIST PRICE. 3 structures, 4 total residences on property (w/ room for additional, and possessing wet and dry utilities already on site, saving you thousands!) 5,400 sq.ft. total interior space, resort-like grounds with rock pool/waterfalls/grotto/slide, fish ponds, pool tables, game rooms, etc. 2010-2015 financials available w/ feasible offer. Please note, discounts extended to current long term tenants have impacted true Cap Rate. Highest&Best use of property not currently achieved. Ideal for wedding facility, B&B, continued vacation rental, or "buy-n-hold" investor. Property is 1 hr. from San Diego, 75 min from OC and 90 min from LA and is easily accessible to 19 million SoCal residents within a 2 hr drive. This rare find sits less than 1 mile from South Coast Winery (3-time winner of the coveted California Winery of the Year award). In high season, each of the 3 homes on site here at Calle Nopal remain fully booked and command the following rates: RESIDENCE 1: $550/night, $2,975/week and $7,500/month. RESIDENCE 2: $395/night, $2,100/week and $4,100/month. RESIDENCE 3: $275/night, $1,900/week and $2,500/month

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Listing Type
Multi-Family
Listing ID
SW16057243
Lot Size
5.34 acres
Listing Status
Active
Year Built
2003
County
Riverside
Units
3
Garage
6.0
TaxID
927330039
Listing courtesy of Vanessa Dalrymple~AARE
Price History
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Date Event Change Price
6/27/2016 Price change $-275,001 (-21.6%) $999,999
4/16/2016 Price change $-105,000 (-7.6%) $1,275,000
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    Listing Information Provided By:
    RE/MAX PERFORMANCE PLUS
    31093 Temecula Parkway Ste D2 Temecula, CA 92592 | Phone: (951) 225-1901
    RE/MAX PERFORMANCE PLUS is licensed in the state of California CalBRE License #: 01933869
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.