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41961 Avenida Vista Ladera Temecula, CA 92591

5 Beds 3 Baths 2,809 sqft Built 1988

$575,000

List Price

$2,600

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 1988
  • Price/Sqft : $204.70
  • 4 Days on Market
  • MLS # : SW20230031
  • Updated Date : 10/31/2020 at 10:50
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,809 sqft
  • Baths : 3 full
Listing Agent

Ez Realty & Property Managemen

Listing Agent's Description

POOL, SPA, waterfall, Fire Pit & upstairs Patio. Come tour this gorgeous house as this house has so much to offer. Walk on the Beautiful brick way and enter this gorgeous open concept floor plan. Very unique floor plan that has a feeling of a mansion. The entire floor plans has a flow that you don't see in many homes these days. Formal living room with tall windows and Fire place. Formal Dinning room has large wall to wall Mirror and large windows to look at your back yard pool and greenery. Open but functional kitchen with Large windows to capture your back yard views. Granite counter tops and custom cabinets with walk-in pantry and office desk. Family room offers a wet bar. This back yard is entertainer's back yard has pool with rock slide and Spa. Laminate , tile and carpet floors tastefully done. Downstairs bedroom and a full bathroom; Mirrors throughout the house including bedroom closets. Master bedroom has huge deck to outside; travertine floors in master bathroom, shower and large tub; walk-in closet; dual sinks with travertine counter tops. Huge 2nd bedroom (approx. 14x18) Three car garage in which one of them opens on the other side to pull in a boat or small RV trailer. Built in custom office in one of the bedroom. The space is running out here to count the amenities this fabulous house has to offer. Come tour and see for your self.

SEE MORE

MARKET HIGHLIGHTS

  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Inland Empire market inherits all the benefits from the area.

PRICE & RENT TRENDS

Zip Code: 92591

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $149k614k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 92591

ZipNIR Market*CityMarket2010Year2000 Q22019 Q211001200130014001500160017001800190020002100220023002400Rent in $10822496

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Temecula Elementary School Primary Regular 632 26 5
James L. Day Middle School Middle Regular 994 38 8
Chaparral High School High Regular 3,237 120 9

Temecula Elementary School

  • Education Level: Primary
  • # of students: 632
  • # of teachers: 26
5
GreatSchools Rating

James L. Day Middle School

  • Education Level: Middle
  • # of students: 994
  • # of teachers: 38
8
GreatSchools Rating

Chaparral High School

  • Education Level: High
  • # of students: 3,237
  • # of teachers: 120
9
GreatSchools Rating
 

$517,500$632,500$575,000

PURCHASE PRICE

$2,340$2,860$2,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,600
EXPENSES Loan Payment -$2,122
Property Tax -$603
Property Insurance -$95
Property Management Fees -$153
CASH FLOW
-$374

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$575,000

PROJECTED PRICE

$2,600

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$158,125

INVESTMENT

$158,125

Down Payment
$143,750
Rehab Estimate
$5,750
Closing Costs
$8,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,122

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $143,750
Loan Amount $431,250
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$12,948

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,600

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $2,626

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$2,150
1$2,1502$2,2503$2,6004$2,6005$2,900
$2,900
RENT COMPS ANALYSIS
  • 41961 Avenida Vista Ladera Temecula, CA 4
    • 5 beds 3 baths ∙ 2,809 Sqft ∙ Built 1988 5 beds 3 baths ∙ 2,809 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.93
    •  
  • 30738 Links Court Temecula, CA 1
    • 4 beds 3 baths ∙ 2,584 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,584 Sqft ∙ Built 1998
    LEASED 07/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.83
    •  
  • 40362 Chantemar Way Temecula, CA 2
    • 4 beds 3 baths ∙ 2,558 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,558 Sqft ∙ Built 2000
    LEASED 12/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.88
    •  
  • 41548 Yankee Run Court Temecula, CA 3
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 1989
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.02
    •  
  • 30812 Crystalaire Drive Temecula, CA 5
    • 4 beds 2 baths ∙ 2,874 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,874 Sqft ∙ Built 2001
    LEASED 06/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.01
    •  
PROPERTY LISTING DETAILS
Erum Balouch
Ez Realty & Property Managemen
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: SW20230031
Last Updated: 10/31/2020
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