Duplex with
For Sale
$489,500
21869 Raynor, Wildomar, CA 92595
Two separate residences share a fenced parcel with a four-vehicle carport, storage sheds, and an electrically equipped workshop.
Property Size1,840 SF
Price / SF$266.03
Days on Market55
Property Features for 21869 Raynor
General Information
Standard status
Active
Size
1,840 SF
Total Parking Spaces
4
Property subtype
Manufactured On Land
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
storage sheds
workshop
Building Details
Building Size
1,840 SF
Year Built
1977
Buildings
2
Listing Agency:
Allison James Estates & Homes
(951) 551-8914
Listed By:
Marleen Noel · License #02051706
(866) 463-5780
Source:
Jeffunderdahl
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 27 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allison James Estates & Homes
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Investment Insights
Based on property information with market context.
Two residences occupy a fenced parcel of over a quarter-acre in Wildomar. The main home offers 1,440 square feet, two bedrooms, two full bathrooms, an open floor plan, floor-to-ceiling family-room windows, and a front porch. The property needs some TLC. A separate guesthouse includes a full kitchen, living area, primary bedroom, and full bathroom with a cast-iron tub; it was built in 1989 and needs cosmetic updates.
Additional improvements include a carport with capacity for up to four vehicles, three storage sheds, and an 8-by-14-foot workshop with electrical outlets. The property is just off the 15 freeway.
Additional improvements include a carport with capacity for up to four vehicles, three storage sheds, and an 8-by-14-foot workshop with electrical outlets. The property is just off the 15 freeway.
Key Highlights
- Two residences on a fenced parcel of over a quarter‑acre
- Main home contains 1,440 square feet, 2 bedrooms, and 2 full bathrooms
- Guesthouse built in 1989 with a full kitchen, living area, bedroom, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,329
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,580
$646.6K
Cap Rate 7%
$461,843
$461.8K
Cap Rate 9%
$359,211
$359.2K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$47.0K $25.56/SF
− Vacancy
−$847 −$0.46/SF
EGI
$46.2K $25.10/SF
− OpEx
−$13.9K −$7.53/SF
NOI
$32.3K $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%
$646,580
Cap Rate 7%
$461,843
Cap Rate 9%
$359,211
Alternative Uses
Best Use
Multifamily LT 5
$461.8K
$404.1K – $538.8K
NOI $32,329 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$425.5K
$372.3K – $496.4K
NOI $29,783 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$551.2K
$482.3K – $643.1K
NOI $38,586 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 92595, CA
34,405
Population
10,366
Households
3.3
Avg Household Size
37
Median Age
18%
College-Educated
86%
High-School Grad
21.5 sq mi
ZIP Area
1,600
Density / Sq Mi
$98,132
Median Household Income
$42,919
Median Earnings
$2,042
Median Rent
$523,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share a fenced parcel with a four-vehicle carport, storage sheds, and an electrically equipped workshop.
Where is this duplex located?
The property is located at 21869 Raynor Wildomar, CA.
What is the asking price?
The asking price for this property is $489,500.
What are key features of this property?
This property features: Two residences on a fenced parcel of over a quarter‑acre; Main home contains 1,440 square feet, 2 bedrooms, and 2 full bathrooms; Guesthouse built in 1989 with a full kitchen, living area, bedroom, and full bathroom
