8418 Lourenco Lane, Eastvale, California 92880, Eastvale, - bed, bath

home-pic
ACTIVE$1,220,000
8418 Lourenco Lane, Eastvale, California 92880
0Bed
0Bath
3,480Sqft
9,583Lot
Year Built
2006
Close
-
List price
$1.22M
Original List price
$1.22M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25083719
Home ConditionGood
Features
Patio
View-

About this home

RENTAL INCOME and HOUSE HACKING potential with this 7-bedroom, 4-bathroom property in Eastvale! This turnkey home offers approximately 3,480 sq ft of thoughtfully reimagined living space, designed to function as multiple private rental units. Perfect for investors seeking strong cash flow or owner-occupants looking to offset their mortgage with rental income. The home features a fully permitted Junior ADU, known as 'The GoldenEye,' with a private entrance, a full private backyard within white picket fence. The Primary Suite ‘The Runaway Bay’ with a large open studio design, includes a private entrance through the garage, kitchenette, and dedicated private laundry located in the garage, with interior access to the main home. The two-bedroom unit, 'The Kingston Unit' consists of the ‘The Windsor room’ and ‘The Kingston Room’ (can be delivered occupied or vacant) offering flexibility for an owner-user or to increase rental income. Three additional private bedrooms—'The Negril Room,' 'The Ocho Rios Room,' and 'The Montego Bay Room'—share a well-maintained full bathroom and are currently leased. Each space has been designed with a functional layout that minimizes overlap and promotes privacy, enhancing livability. No HOA, low-maintenance landscaping, and strong rental demand make this an exceptional opportunity for immediate income and long-term upside. Do not disturb occupants. Showings available upon request.

Nearby schools

7/10
Ronald Reagan Elementary
Public,K-60.3mi
8/10
Dr. Augustine Ramirez Intermediate School
Public,7-82.1mi
9/10
Eleanor Roosevelt High School
Public,9-122.0mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (156 Listings)
Beds05
Baths03
Square foot3,4802,992
69%
Lot Size9,5837,405
88%
Price$1.22M$968K
92%
Price per square foot$351$330
63%
Built year20062006
50%
HOA
Days on market188158
67%
Condition Rating
Good

The property was built in 2006, placing it within the 10-20 year range. The images show well-maintained interiors, including kitchens and bathrooms with modern fixtures and finishes. While not fully renovated recently, the property appears move-in ready with no immediate major renovations required. The presence of multiple units suggests updates to accommodate rental use.
Pros & Cons

Pros

Rental Income Potential: The property is designed for multiple rental units, including a permitted Junior ADU, offering significant rental income potential for investors or owner-occupants.
No HOA: The absence of HOA fees reduces monthly expenses and provides greater flexibility for property use and modifications.
Large Lot Size: The property features a sizable 9,583 sq ft lot, offering ample outdoor space and potential for future expansion or landscaping enhancements.
Turnkey Condition: The property is described as turnkey, suggesting it is move-in ready and well-maintained, minimizing immediate renovation costs.
Multiple Private Entrances: The property has multiple private entrances, enhancing privacy and appeal for individual rental units.

Cons

Occupied Units: Some units are currently leased, which may limit immediate access and require navigating existing tenant agreements.
Shared Bathroom: Three bedrooms share a single bathroom, which may be a drawback for some tenants or owner-occupants seeking more private accommodations.
Unknown Renovation Details: While described as 'reimagined', the extent and quality of renovations in each unit are not fully detailed, requiring further investigation.

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