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44626 Sandia Creek Drive Temecula, CA 92590

4 Beds 4 Baths 2,939 sqft Built 1986

$975,000

List Price

$3,430

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $331.75
  • 6 Days on Market
  • MLS # : SW21002332
  • Updated Date : 01/05/2021 at 15:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,939 sqft
  • Baths : 3 full , 1 half
Listing Agent

Tekton Real Estate

Listing Agent's Description

This single level home on 9.66 acres land is beautifully maintained and has a lot of features you don't find in a typical tract home! there is a guest home of aprox. 566 s.f. (included in the overall square footage) attached to a 4-car garage! great picturesque views of the hills and valleys of the De Luz Custom Home community in the hills to the West of the City of Temecula! Enjoy breathtaking sunsets off a big balcony that features trex decking. main house features 3 bed and 2.5 baths with wood flooring and concrete tiles throughout the home! high profile wood beams! antique wood burning stove! property comes with solar that is paid off! upgraded dual paned windows and doors! guest home is spacious 1bed/1bath with kitchen (seller divided the bedroom into 2 smaller rooms). the guest home is attached to a spacious 4-car garage! the property features aprox. 1,000 +/- Avocado trees; 40 to 50 Citrus trees; several varieties of fruit trees (cherry, apples, pomegranate, etc.). 1/4acre of vineyard grapes (seller makes his own wine!) Several olive trees. Seller recently painted the home inside and out! new water heater! electronic gate at driveway entrance brings you up a tree lined driveway with nice mature queen palms! plenty of room for RV parking/access and all your toys!

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: 92590

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $149k1030k

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

Zip Code: 92590

ZipNIR Market*CityMarket2010Year2000 Q22019 Q21200140016001800200022002400260028003000320034003600Rent in $10823645

* 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
Murrieta Elementary School Primary Regular 830 29 7
Thompson Middle School Middle Regular 1,665 56 6
Murrieta Valley High School High Regular 2,440 93 8

Murrieta Elementary School

  • Education Level: Primary
  • # of students: 830
  • # of teachers: 29
7
GreatSchools Rating

Thompson Middle School

  • Education Level: Middle
  • # of students: 1,665
  • # of teachers: 56
6
GreatSchools Rating

Murrieta Valley High School

  • Education Level: High
  • # of students: 2,440
  • # of teachers: 93
8
GreatSchools Rating
 

$877,500$1,072,500$975,000

PURCHASE PRICE

$3,087$3,773$3,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,430
EXPENSES Loan Payment -$3,387
Property Tax -$1,142
Property Insurance -$98
HOA -$6
Property Management Fees -$202
CASH FLOW
-$1,405

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.

$975,000

PROJECTED PRICE

$3,430

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 6.0%
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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$264,125

INVESTMENT

$264,125

Down Payment
$243,750
Rehab Estimate
$5,750
Closing Costs
$14,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,387

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $243,750
Loan Amount $731,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$90

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,430

    LIST RENT
  • $1.17

    LIST RENT PER SQFT
  • $3,115

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,430
$3,430
RENT COMPS ANALYSIS
  • 44626 Sandia Creek Drive Temecula, CA 2
    • 4 beds 4 baths ∙ 2,939 Sqft ∙ Built 1986 4 beds 4 baths ∙ 2,939 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $3,430
    • $1.17
    •  
  • 43218 Sandia Creek Drive Temecula, CA 1
    • 4 beds 3 baths ∙ 2,837 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,837 Sqft ∙ Built 1981
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.06
    •  
PROPERTY LISTING DETAILS
George Tektonopoulos
Tekton Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: SW21002332
Last Updated: 01/05/2021
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