Residential Income Property with Pool
For Sale
$169,999
27-1134 Villa Calimesa Ln, Calimesa, CA 92320
Well-maintained Calimesa home with an open-concept layout, updated fixtures, indoor laundry, and covered parking.
Property Size960 SF
Price / SF$177.08
Days on Market116
Property Features for 27-1134 Villa Calimesa Ln
General Information
Standard status
Active
Size
960 SF
Total Parking Spaces
1
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
swimming pool
sitting areas
indoor laundry room
front patio
Listing Agency:
Keller Williams Realty
(909) 786-8540
Listed By:
Guadalupe Romo · License #02002993
(909) 786-8540
Source:
Exprealty
Added: Apr 7
Changed: Jul 31
Last Checked: Jul 31 at 7:53AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 960-square-foot residential income property is a well-maintained Calimesa home with an inviting open-concept layout. The living area connects with a modern kitchen, while both bathrooms feature upgraded sinks and tubs. Wood-look laminate flooring and bright window treatments extend throughout the home. An indoor laundry room with exterior access adds practical functionality.
Located at the end of a quiet lane within the community, the property provides convenient access to the swimming pool, sitting areas, and additional community amenities. Outdoor features include a front patio and covered parking directly behind the home. The property also offers access to the 10 Freeway, with shopping and dining options nearby.
Located at the end of a quiet lane within the community, the property provides convenient access to the swimming pool, sitting areas, and additional community amenities. Outdoor features include a front patio and covered parking directly behind the home. The property also offers access to the 10 Freeway, with shopping and dining options nearby.
Key Highlights
- 960‑square‑foot Calimesa home with an open‑concept living area and modern kitchen
- Both bathrooms feature upgraded sinks and tubs
- Wood‑look laminate flooring and bright window treatments throughout
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $30.00 |
| − Vacancy | −$547 | −$0.57 |
| EGI | $28.3k | $29.43 |
| − OpEx | −$12.7k | −$13.24 |
| NOI | $15.5k | $16.19 |
960 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$222.0K
$194.2K – $259.0K
NOI $15,539 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.6K
$251.7K – $335.5K
NOI $20,132 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 92320, CA
10,036
Population
4,156
Households
2.4
Avg Household Size
46
Median Age
30%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
722
Density / Sq Mi
$90,313
Median Household Income
$57,191
Median Earnings
$1,852
Median Rent
$423,300
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Riverside County, CA
Properties on Market for Residential income properties in Riverside County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Well-maintained Calimesa home with an open-concept layout, updated fixtures, indoor laundry, and covered parking.
Where is this residential income property located?
The property is located at 27-1134 Villa Calimesa Ln Calimesa, CA.
What is the asking price?
The asking price for this property is $169,999.
What are key features of this property?
This property features: 960‑square‑foot Calimesa home with an open‑concept living area and modern kitchen; Both bathrooms feature upgraded sinks and tubs; Wood‑look laminate flooring and bright window treatments throughout
