ActiveResidential · sale

10851 Orchard View Lane

Riverside, CA 92503

$980,000

  • 4 beds
  • 3 baths
  • 2,143 sq ft
  • 1.54 acres
  • Built 1986

Listed by Coldwell Banker Realty · MLS #PW26159694

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1986.

Garage parking

3 garage spaces listed.

Property size

1.54 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

New on the Market Absolutely Gorgeous Two Story View Home in this Highly Desired Orchards Neighborhood 4 Bedrooms 3 Bathrooms 3 Car Garage Extra Large Private Driveway with completed RV area This Perfect Home is located in one of the most desired Riverside Neighborhoods sitting on more than 15 acres filled with avocado and citrus trees and many opportunities Beautiful Light Bright Forever Panoramic Views from almost every room in the Home A Spacious Floorplan with a Living Room and Dining Family Room with Custom Fireplace Wet Bar which opens to the large Kitchen Eating area Elegant Custom work includes Luxury Tile Wood and Carpet Flooring through the Home Paint inside and outside Baseboards Plantation Shutters Electric Window Sun Shades Recessed Lighting Custom Panel Doors Hardware Custom Front Double Doors Newer AC system Newer Water Heater Home Solar Power System and Remodeled Bathrooms Extra Large Gourmet Kitchen has Granite CountersTile Backsplash Newer Samsung and Bosch Stainless Appliances Plenty of Storage CabinetsPantry with Beautiful Views out of your lovely Garden Window Downstairs bedroomoffice and bathroom is a nice plus Custom Doors from your Family Room and Kitchen Open to your Outside Covered and Gated Patio with New Alumawood Cover Just Gorgeous Breathtaking Views of Your Land Mountains Rolling Hills and City Lights Enjoy the Garden Front and Backyards with Lush trees that add to your privacy and estate feel This is a special large piece of land with many avocado and citrus trees Private and gated with a dirt road that runs through the Grove Lovely Newer Wrought Iron Fencing surrounds the front of the home as well Many possibilities and opportunities await you here in this Oasis Additionally there is a 3 Car finished Garage with custom cabinets and expansive driveway areas including an RV finished area with 2 sheds A Rare Find in This Orchard neighborhood with Award Winning Schools close to shopping restaurants freeways parks hiking and biking trails botanical gardens Mission Inn and Mt Rubidoux Welcome Home

THE NEIGHBORHOOD

Explore the location.

10851 Orchard View Lane, Riverside, CA 92503

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1986
Full baths
3
Garage spaces
3
Cooling
CentralAir
Heating
Central
Appliances
DoubleOven,Dishwasher,GasCooktop,Disposal,Microwave,Refrigerator
Flooring
Carpet,Tile,Wood
Fencing
WroughtIron
Pool
No
Pool features
None
Spa
No
Zoning
R-A
Parcel
269252012
HOA
The Orchard/Riverside HOA
HOA amenities
Other
HOA fee frequency
Monthly
HOA fee
$45.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,083.33
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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10851 Orchard View Lane, Riverside, CA 92503 · MLS #PW26159694

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Listing information

MLS #PW26159694 · California Regional MLS

Listing brokerage: Coldwell Banker Realty
Listing agent: Margaret Bowles

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.