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32431 Oak Hollow Ct - 32431 Oak Hollow Ct

3 Unit Apartment Building Offered at $1,050,000 at a 7.87% Cap Rate in Wildomar, CA 92595

Executive Summary

Unlock the potential of this incredible investment property, featuring 3 fully permitted residences on a large, expansive cul-de-sac lot. This property offers maximum versatility and high earning potential, whether you are looking to expand your real estate portfolio or explore lucrative rental opportunities. The property includes a Main Home, NextGen Suite, and an ADU—three residences that offer multiple rental streams and flexible leasing options. The NextGen Suite features independent living with a private entrance, a full kitchenette, living room, laundry, and a spacious bedroom and bathroom. The ADU offers similar independent living features, including its own address, mailbox, electric meter, and a full kitchen with washer/dryer. The expansive lot boasts resort-style amenities, including a designer pool with water slides, a cave grotto, a hot tub, putting green, basketball court, and more—appealing to premium tenants seeking high-end living spaces. The homes are fully upgraded, showcasing quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. Both the NextGen Suite and ADU are designed with modern, spacious layouts that attract high-demand tenants. Energy efficiency is a key selling point, with leased solar panels, an alkaline house water filtration system, and a whole house quiet cool system in place, ensuring low operational costs for the owner. The property also boasts custom tile flooring, a gourmet kitchen, plantation shutters, and abundant storage, providing additional appeal for long-term tenants. This is a rare opportunity to acquire a property with multiple revenue-generating options. With an incredible outdoor living space and self-contained units, this property offers boundless potential for both immediate and long-term returns. Tax rate is 1.85%

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income $113,600 $115.10
Other Income - -
Vacancy Loss - -
Effective Gross Income $113,600 $115.10
Taxes $19,425 $19.68
Operating Expenses $14,018 $14.20
Total Expenses $33,443 $33.88
Net Operating Income $80,157 $81.21

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual $113,600
Annual Per SF $115.10
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $113,600
Annual Per SF $115.10
Taxes
Annual $19,425
Annual Per SF $19.68
Operating Expenses
Annual $14,018
Annual Per SF $14.20
Total Expenses
Annual $33,443
Annual Per SF $33.88
Net Operating Income
Annual $80,157
Annual Per SF $81.21

Property Facts

Price $1,050,000
Price Per Unit $350,000
Sale Type Investment
Cap Rate 7.87%
No. Units 3
Property Type Multifamily
Apartment Style Single Family Home
Lot Size 0.28 AC
Building Size 3,987 SF
No. Stories 2
Year Built 2013
Parking Ratio 0.75/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2.5 1 $4,000 2,800
1+1 1 $1,950 600
1+1 1 $2,100 500
  • Listing ID: 34415012

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 32431 Oak Hollow Ct, Wildomar, CA 92595

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