Real estate investor and business owner was seeking a 1st TD to purchase this non-owner occupied SFR investment property in Anza, CA in Riverside County.
The subject property is a 911 sf 2 BR/1 BA SFR sitting on 20 acres of land in Anza. The property features a 1,360 sf Metal Shop Building as well as 3 Metal Warehouse Buildings totaling 46,500 sf. Each of these buildings sit on a concrete slab. The home itself and the buildings have deferred maintenance which the borrower plans to address with his own funds after the close of escrow. Anza is located on HWY 371 near Paradise Corner between Temecula and Palm Springs. The borrower does have preliminary interest from a prospective cannabis-use tenant.
Recent Transaction – $287,000 Business Purpose, Anza, CA, 92539
