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40123 Ribbonwood Rd

Boulevard, CA 91905
  • $650,000
  • STATUS: ACTIVE
  • ON SITE: 8 Days
  • ID#: 230004725
UPDATED: 28 min ago
$650,000
  • 4
    BEDS
  • 3.93
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Three fixer homes on 3.93 acres PLUS 22.01 acres all in one!!! Sold with 40135 Ribbonwood Rd/ APN #612-020-34-00. Possibilities are endless. Fix and flip or fix and hold. Then, do something cool with the 22.01 acres. You can't lose. Multiple out buildings including an approx 1000 sq ft building with a roll up door. SDG&E is currently renting a small portion of land for $1000 a month ($1000 a month NOT included in the projected CAP.) Tax records say zoned commercial and right in the elbow of the 8 & 94. Again, possibilities are endless!!!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/137686202
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40123 Ribbonwood Rd Boulevard, CA 91905

  • Price: $650,000
  • Status: ACTIVE
  • On Site: 8 Days
  • Updated: 28 min ago
  • ID#: 230004725
4
Beds
4
Baths
0
½ Baths
3.93
Acres
1950
Built
Neighborhood:
Blvd
County:
San Diego
Area:
Boulevard (91905)
Property Description
Three fixer homes on 3.93 acres PLUS 22.01 acres all in one!!! Sold with 40135 Ribbonwood Rd/ APN #612-020-34-00. Possibilities are endless. Fix and flip or fix and hold. Then, do something cool with the 22.01 acres. You can't lose. Multiple out buildings including an approx 1000 sq ft building with a roll up door. SDG&E is currently renting a small portion of land for $1000 a month ($1000 a month NOT included in the projected CAP.) Tax records say zoned commercial and right in the elbow of the 8 & 94. Again, possibilities are endless!!!
Exterior Features

Exterior Other/Remarks Fencing Partial Parking For RV On-Site ParkingPotential Space Roof Composition Topography LevelRolling Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0 View Mountains/Hills

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 3 Units With Washers 0

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 4 Cfd Mello Roos Fee 0.0 Community Boulevard Complex Park Nk Cross Streets 8 & 94 Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Mandatory Remarks None Known Market Area Inland East Miscellaneous OutbuildingValue in Land Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 1000 Projected Cap Rate 7.2 Sales Restrictions N/K Security N/K Sewer Septic Septic Installed Short Sale No Tenant Pays N/K Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Owner Unit1 Projected Rent 2200.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Owner Unit2 Projected Rent 1500.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Owner Unit3 Projected Rent 1500 Unit3 Rent Actual 0.0 Water Well On Property

San Diego MLS logo Listing provided courtesy of Keller Williams Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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San Diego CA, 92101