Renovated Two-Residence
New
For Sale
$710,000
11285 Cherry, Cherry Valley, CA 92223
Cherry Valley, CA
Property Size2,200 SF
Lot Size1.14 Acres
Price / SF$322.73
Days on Market1
Property Features for 11285 Cherry
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Kitchen, Laundry Room, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Parking
1
Fireplace
1
Appliances
Gas & Electric Range
Subdivision
Other (OTHR)
Lot features
Lot Over 40000 Sqft, Pasture, 2-5 Units/ Acre, Yard
Elementary school district
Beaumont
Middle school district
Beaumont
High school district
Beaumont
Directions
60 east to 6th st to the right, left on elm ave, right on w 11th st, left on beaumont ave, right on cougar way, left on cherry ave.
Special listing conditions
Third Party Approval
Standard status
Active
APN
404130004
Size
2,200 SF
Lot size
1.14 Acres
Utilities
Sewer type
Unknown
Heating system
Central
Cooling system
Window Unit(s), Central Air, Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1952
Floors in Building
1
Number of units
2
Listing Agency:
Realty Masters & Associates
(909) 993-5710
Listed By:
Auri Vega · License #01816084
(714) 681-8763
Added: Oct 9
Last Checked: Oct 9 at 9:06AM
MLS# PW26219803
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains two separate residences totaling 2,200 square feet. The front home has three bedrooms, one bathroom, and a dedicated laundry room; the rear casita has one bedroom and one bathroom. Built in 1952, the property has undergone renovations that include new flooring, interior and exterior paint, windows, lighting, plumbing and electrical upgrades, remodeled bathrooms, and updated fixtures and finishes. The main home has a new HVAC system, while the rear residence has a mini-split system.
The property sits on a 1.14-acre lot at 11285 Cherry in Cherry Valley. Public water serves the property. The two living spaces provide flexibility for household arrangements or potential rental use.
The property sits on a 1.14-acre lot at 11285 Cherry in Cherry Valley. Public water serves the property. The two living spaces provide flexibility for household arrangements or potential rental use.
Key Highlights
- Two separate residences with three‑bedroom and one‑bedroom layouts
- 2,200 square feet across both residences
- 1.14‑acre lot in Cherry Valley
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,654
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,080
$773.1K
Cap Rate 7%
$552,200
$552.2K
Cap Rate 9%
$429,489
$429.5K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$56.2K $25.56/SF
− Vacancy
−$1.0K −$0.46/SF
EGI
$55.2K $25.10/SF
− OpEx
−$16.6K −$7.53/SF
NOI
$38.7K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,080
Cap Rate 7%
$552,200
Cap Rate 9%
$429,489
Alternative Uses
Best Use
Multifamily LT 5
$552.2K
$483.2K – $644.2K
NOI $38,654 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$508.7K
$445.1K – $593.5K
NOI $35,610 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$659.1K
$576.7K – $768.9K
NOI $46,136 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 92223, CA
59,924
Population
20,579
Households
2.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
45.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$100,462
Median Household Income
$50,162
Median Earnings
$1,496
Median Rent
$458,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate living quarters offer options for multigenerational households or potential rental use.
Where is this duplex located?
The property is located at 11285 Cherry Cherry Valley, CA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Two separate residences with three‑bedroom and one‑bedroom layouts; 2,200 square feet across both residences; 1.14‑acre lot in Cherry Valley
