Property Description

This is a once in a lifetime opportunity, to own a licensed Short-Term Rental in the heart of Temecula Wine Country. It’s been almost 2-years since another expansive STR, like this, has come on the market in Temecula Wine Country. This estate property, with vineyard & mountain views, located on 2.7 acres, has THREE homes, pool/spa, a huge 1,400 sq ft RV garage, and 60 (paid for) solar panels! Each house has a full-kitchen, laundry area, private outdoor dining area and private parking. The main house has 3 bedrooms & 2 baths. The 2nd House has 2 bedrooms and 1.5 baths and the 3rd House has 1 bedroom & 1 bath. The heated (pebble tec) pool and spa (surrounded by palm trees) are centrally located, giving all three homes easy access to this tropical oasis. The RV Garage is located near the gated entrance for easy ingress/egress for up to 40 ft RV’s. This massive garage has 220 outlets (which can be used for EV charging). The cul-de-sac lot is fully fenced. This property is located literally just minutes from multiple wineries and restaurants. Taxes are low at just over 1%. All Furniture, Furnishings, Appliances, TV’s and EVERYTHING else, used to operate this Short-Term Rental, is INCLUDED in the sale. This is currently a great STR with lots of upside potential. The possibilities for this property are endless! ($183,041 Net Income – 8.3% Cap Rate – Self-Managed) ($139,373 Net Income – 6.3% Cap Rate – Professionally Managed) This would also make a great 2nd Home (Vacation Home) that could drive great income, when not being used by the owner.

Features
: Heated, Private, In Ground, Propane Heat, Waterfall
: Central, Propane
: Central Air, Wall/window Unit(s), Whole House Fan
: Vinyl, Wood, New Condition
: Pool, Hills, Panoramic, Vineyard
: Wood Burning, Family Room, Outside, Propane
: Security Gate, Smoke Detector(s), Key Card Entry, Carbon Monoxide Detector(s)
: Covered, Patio, Concrete
: 26
: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer, Dryer, Ice Maker, Propane Water Heater, 6 Burner Stove, High Efficiency Water Heater, Water To Refrigerator, Propane Cooktop, Propane Oven
: Ranch
: Park, Golf, Hiking, Fishing, Lake, Rural, Biking, Horse Trails, Mountainous, Foothills, Stable(s)
: Garage, Garage Door Opener, Driveway, Storage, Attached Carport, Direct Access, Door-single, Concrete, Rv Access/parking, Boat, Rv Garage, Rv Covered
$0
: Spanish Tile
: Septic Tank
: Heated, In Ground, Private
Address Map
US
CA
Riverside
Temecula
92592
37200 Glenoaks Road
0
W118° 59' 19.4''
N33° 33' 21.1''
Additional Information
Alta Realty Group CA, Inc
Keith Powers
$0
5
0 Sqft
$0
4
: Copper Plumbing
106
106
Property Entrance is at End of Glenoaks Road on LEFT (Private Entrance Gate)
: 220 Volts In Garage, Photovoltaics Third-party Owned
$0
: Barbecue, Rain Gutters
: Carpet, Laminate
14
Palo Verde
1
: Pantry, Attic, Ceiling Fan(s), Main Level Master, Pull Down Attic Stairs, Granite Counters, Bedroom On Main Level, Walk-in Closet(s), Recessed Lighting, Storage, All Bedrooms Down, Open Floorplan, Cathedral Ceiling(s), Beamed Ceilings, Furnished
1
BrokerPowers@gmail.com
Cash,Cash to New Loan
Info@altarealtygrp.com
: Landscaped, Sprinklers Timer, Drip Irrigation/bubblers, Cul-de-sac, Front Yard, Sprinklers In Rear, Sprinklers In Front, Back Yard, Horse Property, Greenbelt
$0
Rogich Sig
1
924290021
1
: Standard
1
: House
$0
: Water Connected, Sewer Not Available, Electricity Connected, Propane, Natural Gas Not Available
Click Here
: Double Pane Windows, Energy Star Qualified Windows, Insulated Windows, Screens
R-A-2 1/2
OCPOWEKEI
OC05657
73

Residential

37200 Glenoaks Road, Temecula, California92592

6 Bedrooms
4 Bathrooms
3,550 Sqft
$2,200,000
Listing ID #OC22147729
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : OC22147729
Price : $2,200,000
Bedrooms : 6
Bathrooms : 4
Half Bathrooms : 1
Square Footage : 3,550 Sqft
Year Built : 1989
Lot Area : 117,176 Sqft
Status : Active
Property Sub Type : Single Family Residence
Agent info
Contact Agent
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