This property is over 11.5 acres in a prime location, it includes two parcels, 174-340-026 and 174-340-027. This property backs to the Oak Quarry Golf Course. It is currently being used as a Horse Ranch and produces approximately $9000 per month in Net Revenue while the purchaser is finishing up the entitlement process. Currently we have preliminary approval for 35 Single family homes and 46 townhomes, please see attached supplements. This is a great opportunity for the right buyer/ developer. This Properrty has also been zoned for commerical development
Property Details
Property Features
Listing Office:
Office Name: Option West Realty
Office Phone: (949) 337-2817
Listing Agent: David Babiracki
Exterior Features
Exterior Information:
View: Golf Course
Lot Features
Lot Information:
Lot: Corner Lot, Level, Rectangular Lot
Lot Size: 11.62 Acres
Other
Directions Information:
Directions: exit the 60 on Vally Way, head north turns into Armstrong Road, Horse Ranch on the left
Price Information
Listing Price Info
Price Summary:
List Price: $6,500,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Jurupa, CA.
This property is $5.7M more than the Median Sold Price in Jurupa, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24161823
Listing Office:
Office Name: Option West Realty
Office Phone: (949) 337-2817
Listing Agent: David Babiracki
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 1:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$32.5K
Per Month
Principal & Interest
$32.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$19.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Sunnyslope Elementary School
7050 38th St
Distance between this listing and this school0.84 miles
Public District Grades KG-6
3
/10
Rustic Lane Elementary School
6420 Rustic Ln
Distance between this listing and this school1.12 miles
Public District Grades KG-6
3
/10
Camino Real Elementary School
4655 Camino Real
Distance between this listing and this school1.72 miles
Public District Grades KG-6
Nearby Schools
4
/10
Mission Middle School
5961 Mustang Ln
Distance between this listing and this school1.25 miles
Public District Grades 7-8
2
/10
Ruth O. Harris Middle School
11150 Alder Ave
Distance between this listing and this school2.12 miles
Public District Grades 7-8
5
/10
Jurupa Middle School
8700 Galena St
Distance between this listing and this school2.99 miles
Public District Grades 7-8
Nearby Schools
3
/10
Nueva Vista Continuation High School
6836 34th St
Distance between this listing and this school0.34 miles
Public District Grades 9-12
4
/10
Rubidoux High School
4250 Opal St
Distance between this listing and this school1.49 miles
Public District Grades 9-12
6
/10
Patriot High School
4355 Camino Real
Distance between this listing and this school1.63 miles
The neighbors living near this home have an average income of $86,333. The majority of Jurupa, CA residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2861 Armstrong Rd
What is the listing price of this property?
The listing price of 2861 Armstrong Rd property is $6,500,000.
What type of property is this?
The property 2861 Armstrong Rd is land located in Jurupa Valley, California, 92509.
Is this property for sale now?
Active Listing: 2861 Armstrong Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2861 Armstrong Rd in Jurupa Valley, CA and zip code 92509 in the Sunnyslope neighborhood. This home sits on a 11.62 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $6,500,000.
While more than 23 listings in Jurupa, CA in November 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 19 were sold below. Between October 2024 and November 2024, Jurupa, CA real estate market has seen decrease in the number of listings by 10.7%. While the average time on the market in November 2024 was 28 days, the median list price was $794,690.
From Rocket Homes Real Estate and based on county public records data.