COUNTRY LIVING IS AT IT'S BEST! 18 MILES EAST OF TEMECULA. QUIT , PEACEFUL AND TRANQUIL LIVING. SEE ALL THE STARS AT NIGHT. 4.91 ACRES WITH 4 SEPARATE UNITS , EACH HAVE THEIR OWN PRIVATE YARDS. SEPARATE SEPTIC SYSTEMS , SEPARATE METERS FOR ELECTRIC. MAIN HOME IS 433 FOUNDATION MANUFACTURED HOME. OTHER 3 UNITS ARE MOBILE HOMES . SEPARATE SMALL UNITS IN LARGE 1600 SQ FT WORKSHOP NOT COUNTED IN INCOME. ADDITIONAL 2 ACRES FENCED SEPARATELY ABOVE WITH WATER AND POWER. GREAT PLACE FOR HORSES OR RV PAD. FRONT OF UNITS HAVE MORE OPEN SPACE WITH LOWER AREA USED AS SHOOTING RANGE. RENTS ARE LOW. GREAT CASH FLOW ! CAP RATE EXCEPTIONAL! OVER 9%
Multi-familyProperty Type
1987Year Built
4.91 acresLot Size
$292Est. Price/Sq.Ft.
2 spacesParking
Listed by Joanne Bragg•DRE #00628559• Independent Properties
Listed by Deborah Leisher•DRE #01464657• Independent Properties
COUNTRY LIVING IS AT IT'S BEST! 18 MILES EAST OF TEMECULA. QUIT ,PEACEFUL AND TRANQUIL LIVING. SEE ALL THE STARS AT NIGHT. 4.91 ACRES WITH 4 SEPARATE UNITS , EACH HAVE THEIR OWN PRIVATE YARDS. SEPARATE SEPTIC SYSTEMS , SEPARATE METERS FOR ELECTRIC. MAIN HOME IS 433 FOUNDATION MANUFACTURED HOME. OTHER 3 UNITS ARE MOBILE HOMES . SEPARATE SMALL UNITS IN LARGE 1600 SQ FT WORKSHOP NOT COUNTED IN INCOME. ADDITIONAL 2 ACRES FENCED SEPARATELY ABOVE WITH WATER AND POWER. GREAT PLACE FOR HORSES OR RV PAD. FRONT OF UNITS HAVE MORE OPEN SPACE WITH LOWER AREA USED AS SHOOTING RANGE. RENTS ARE LOW. GREAT CASH FLOW ! CAP RATE EXCEPTIONAL! OVER 9%
Public Records
Jun 16, 2006
Sold
$345,000
$105/sq ft
CRMLS #T606774
Jun 16, 2006
Sold
$360,000
$109/sq ft
Apr 6, 2006
Listed
$379,900
$115/sq ft
1987 MH ON 433 FOUNDATION. BIG FAMILY & FRIENDS COMPOUND. FOUR TOTAL SEPARATE UNITS. 3 CARPORTS. 1500 SF BARN/SHOP. 5,000 GAL WATER STORAGE. ALL USABLE AND READY TO BRING THOSE HORSES.
CRMLS #T513743
Dec 31, 2005
Listing Removed
—
Aug 16, 2005
Listed
$320,000
$97/sq ft
Public Records
Aug 11, 1986
Sold
$59,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,113 (+2.5%)
$259,782 + $173,188
$432,970
2024
$4,990 (+1.0%)
$259,782 + $173,188
$432,970
2023
$4,941 (+1.9%)
$254,689 + $169,793
$424,482
2022
$4,848 (+2.1%)
$249,696 + $166,464
$416,160
2021
$4,751 (+44.6%)
$244,800 + $163,200
$408,000
2020
$3,286 (+3.7%)
$240,000 + $160,000
$400,000
2019
$3,168 (+1.8%)
$158,620 + $115,360
$273,980
2018
$3,111
$154,000 + $112,000
$266,000
2017
$3,114 (+83.9%)
$154,000 + $112,000
$266,000
2016
$1,693 (−1.1%)
$154,000 + $112,000
$266,000
2015
$1,712 (+30.6%)
$80,000 + $58,000
$138,000
2014
$1,311 (−6.8%)
$61,000 + $45,000
$106,000
2013
$1,406 (−3.1%)
$61,000 + $45,000
$106,000
2012
$1,452 (+3.2%)
$64,000 + $50,000
$114,000
2011
$1,407 (−28.2%)
$68,000 + $50,000
$118,000
2010
$1,958 (−15.3%)
$66,000 + $48,000
$114,000
2009
$2,312 (−20.2%)
$65,000 + $100,000
$165,000
2008
$2,897
$100,000 + $100,000
$200,000
Tax history for 40530 Reed Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,113 (+2.5%)
$259,782 + $173,188
$432,970
2024
$4,990 (+1.0%)
$259,782 + $173,188
$432,970
2023
$4,941 (+1.9%)
$254,689 + $169,793
$424,482
2022
$4,848 (+2.1%)
$249,696 + $166,464
$416,160
2021
$4,751 (+44.6%)
$244,800 + $163,200
$408,000
2020
$3,286 (+3.7%)
$240,000 + $160,000
$400,000
2019
$3,168 (+1.8%)
$158,620 + $115,360
$273,980
2018
$3,111
$154,000 + $112,000
$266,000
2017
$3,114 (+83.9%)
$154,000 + $112,000
$266,000
2016
$1,693 (−1.1%)
$154,000 + $112,000
$266,000
2015
$1,712 (+30.6%)
$80,000 + $58,000
$138,000
2014
$1,311 (−6.8%)
$61,000 + $45,000
$106,000
2013
$1,406 (−3.1%)
$61,000 + $45,000
$106,000
2012
$1,452 (+3.2%)
$64,000 + $50,000
$114,000
2011
$1,407 (−28.2%)
$68,000 + $50,000
$118,000
2010
$1,958 (−15.3%)
$66,000 + $48,000
$114,000
2009
$2,312 (−20.2%)
$65,000 + $100,000
$165,000
2008
$2,897
$100,000 + $100,000
$200,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
4.91 Acres
Year renovated
1964
Sq. Ft.
520
Year built
1964
Style
Mobile/Manufactured Home
County
Riverside County
APN
571560005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 2
Carport, Carport Detached, Driveway, Driveway - Gravel, On Site
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Propane Dryer Hookup
Kitchen Information
Appliances: Electric Oven, Electric Range, Microwave, Propane Oven, Propane Range, Propane Water Heater
Has Appliances
Cooling Information
Central, Evaporative
Has Cooling
Room Information
Guest/Maid's Quarters, Workshop
Fireplace Information
Living Room, Wood
Has Fireplace
Flooring Information
Carpet, Laminated
Heating Information
Central Furnace, Pellet, Wood Stove
Has Heating
Interior Features
Levels: One
Exterior
Exterior Information
Roof: Asbestos Shingle, Composition
Other Structures: Guest House Detached, Shop
Fencing: Chain Link, Fair Condition
Has Fence
Construction Materials: Vinyl
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft, Ranch, Secluded
Property Information
Total # of Units: 4
Accessibility Features: Parking
Common Walls: 1 common wall
Parcel Number: 571560005
Attached Property
Total # of Stories: 1
Year Built Source: Public Records
Financial
Assesments Information
Assessments: Special Assessments
Lease / Rental Details
Operating Expense: $9,983.98
Other Income: $3,000
Tenant Pays: Electricity, Other
Utilities
Utilities Information
Electric: Standard
Sewer: Septic Tank
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Telephone - In Street, Telephone - On Property, Propane, Sewer Available, Water Available
Water Source: Well
Location
Unit Type 1 Information
Unit Key Numeric: 10638459
Listing Key Numeric: 364645418
Actual Rent: $1,550
Total # of Baths: 2
Total # of Beds: 4
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $1,550
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10638460
Listing Key Numeric: 364645418
Actual Rent: $725
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 2
Total Rent: $725
Total # of Units: 2
Unit Type 3 Information
Listing Key Numeric: 364645418
Unit Key Numeric: 10638461
Actual Rent: $750
Total # of Baths: 1
Total # of Beds: 1
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $750
Total # of Units: 1
Expenses
Trash: $1,500
Total: $9,983.98
Cable TV: $599.98
Insurance: $1,668
Water Sewer: $396
New Taxes: $5,820
Multi-Unit Information
Other Income Description: STORAGE ROOM RENTED OUT
# of Units With Range: 4
# of Units With Carpet: 4
Net Operating Income: $38,016.02
Average 3 Bed Area Units: Sq. Ft.
Average 3 Bed Area: 1,600
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 850
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 600
Sq. Ft.
Total Building Area: 3,300
Gross Scheduled Income: $57,000
Gross Income: $48,000
# Of Leased Units: 4
# Of Separate Electric Meters: 3
# Of Buildings: 3
Operating Expense Percent: $28
Vacancy Allowance Rate: 5
Neighborhood Information
Community Features: Rural
Location Information
Latitude: 33.53278000
Longitude: -116.83992800
Directions: Hwy 79 to Hwy 371 to Wilson Creek make left to Reed Valley Rd
Zoning: R-R
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 520
Stories: 1.0
Lot Size: 4.91 acres
Style: Mobile/Manufactured Home
Year Built: 1964
Year Renovated: 1964
County: Riverside County
APN: 571560005
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Days Active in MLS: 22
Continuous Days Active in MLS: 22
Listing Agent Information
List Agent First Name: Joanne
List Agent Last Name: Bragg
Co-List Agent First Name: Deborah
Co-List Agent Last Name: Leisher
Listing Office Information
List Office Name: Independent Properties
Co-List Office Name: Independent Properties
Selling Agent Information
Buyer Agent First Name: NONE
Buyer Agent Last Name: NONE
Selling Office Information
Buyer Office Name: None MRML
Around this home
Schools
Cottonwood Elementary School
Public K-8 • Assigned • 5.4mi
3/10
Hamilton High School
Public 6-12 • Assigned • 10.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
10/10 Fire Factor
68% chance of being in a wildfire in next 30 years
6/10 Heat Factor
8 days above 97° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Aguanga, CA • 92536
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Sun exposure
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