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Off market
  • $587,200

    20885 Magnolia Ave, Lakeview, CA 92567

    6beds
    0baths
    2,464sqft
    MultiFamily
    Built in 1978
    -- sqft lot
    $587,200 Zestimate®
    $238/sqft
    $2,210 Estimated rent

    Home value

    $587,200

    $511,000 - $664,000

    $2,210/mo

    Zestimate® history
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    Owner options

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    $2,210/mo

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    $2,210/mo

    Rent Zestimate®

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    $3,786/mo

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    $3,786/mo

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    What's special

    Two rentals on over two acres in the unincorporated City of Lakeview/Nuevo. Riverside County, the fastest growing County in Southern California. Both mobiles are currently rented to separate, long term tenants. Both mobiles permitted, on permanent foundations, and in good condition. Each one of the rental homes have separate detached garages. Parcel is fenced and also crossed fenced to give each tenant large lots for horses or growing. Magnolia is only one block from Hansen Ave. for easy access to the Ramona Expressway to the I-215 or the realigned 79 Hwy. Great family location. Close to schools. Val Verde Union District and Nuview Elementary. Val Verde High School on Nuevo Rd and Perris Blvd. Walmart, Stater Bros., corner gas stations, Cinemas, restaurants and more. Huge Lowes and Ross Distribution Centers on Nuevo Rd., just before the I-215. New commercial and industrial planned for the community. Employment and housing in high demand for all the new construction. New housing tracts, new schools and parks are planned and approved for the Lakeview/Nuevo community. Residential Income properties with large lots are becoming rare in the area. Great Investment!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Built-in Features
    • Flooring: Carpet, Laminate
    • Has fireplace: Yes
    • Fireplace features: See Remarks
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,464 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Detached
    Features
    • Levels: One
    • Fencing: Chain Link, Average Condition, Cross Fenced
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 2.03 Acres
    • Features: Lot Over 40000 Sqft, Park Nearby, Corner Lot, Level with Street, Near Public Transit, Horse Property, Level, Rectangular Lot, Corners Marked
    Details
    • Additional structures: Two On A Lot
    • Parcel number: 426220022
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1978

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Conventional Septic
    • Water: Public
    • Utilities for property: Propane, Cable Available, Phone Connected, Water Connected, Electricity Connected, Cable Connected, Sewer Not Available, Natural Gas Not Available

    Community & HOA

    Location
    • Region: Lakeview

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $377,326
    • Annual tax amount: $4,304
    • Road surface type: Unpaved

    Price history

    DateEventPrice
    6/7/2019Sold$340,000-1.4%$138/sqft
    Source: Public Record Report a problem
    3/14/2019Pending sale$345,000$140/sqft
    Source: RE/MAX Evolution #LG19011305 Report a problem
    3/6/2019Price change$345,000-1.4%$140/sqft
    Source: RE/MAX Evolution #LG19011305 Report a problem
    3/4/2019Listed for sale$349,900$142/sqft
    Source: RE/MAX Evolution #LG19011305 Report a problem
    2/13/2019Pending sale$349,900$142/sqft
    Source: RE/MAX Evolution #LG19011305 Report a problem
    1/16/2019Listed for sale$349,900+592.9%$142/sqft
    Source: RE/MAX Evolution #LG19011305 Report a problem
    10/6/2000Sold$50,500$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,304 +2%$377,326 +2%
    2024$4,220 +0.2%$369,928 +2%
    2023$4,212 +1.4%$362,676 +2%
    2022$4,154 +1.9%$355,566 +2%
    2021$4,075 +0.7%$348,595 +0.5%
    2020$4,046 $346,799 +76.7%
    2019-- $196,234 +2%
    2018$2,199 +0.9%$192,387 +2%
    2017$2,179 $188,616 +2%
    2016$2,179 +6.6%$184,918 +5.3%
    2015$2,044 $175,560 +32%
    2013-- $133,000 +141.8%
    2012-- $55,000 -43.3%
    2011-- $97,000 -42.8%
    2010-- $169,595 -0.2%
    2009-- $169,999 +2%
    2008-- $166,667 +2%
    2007-- $163,400 +2%
    2006-- $160,197 +87.9%
    2005-- $85,257 +36.6%
    2003-- $62,424 +25.3%
    2002-- $49,803 +2%
    2001$467 +2%$48,827 +2%
    2000$458 $47,870
    Find assessor info on the county website

    Neighborhood: 92567

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $587,200
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    Estimated market value
    $587,200