Blomgren and Blomgren

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318 S PicoSan Jacinto, CA 92583

Multi-Family · 5,300 Sq. ft. | 0.21 Acres
$1,399,500 Active

318 S Pico Overview

Time on Site:
117 days
Visits:
0

investment opportunity consisting of two retail spaces and four apartment units located in Downtown San Jacinto, California. This value-added investment provides an opportunity for an investor to acquire a very unique retail/residential property the property is currently comprised of two retail spaces (currently occupied by a restaurant and a beauty salon) totaling approximately 2,300 square feet of rentable space, and four apartment units (two two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units) totaling approximately 3,000 square feet of additional rentable space. The property is centrally located within San Jacinto's Downtown corridor where Ramona Blvd, Main Street, and San Jacinto Avenue intersect. Property is been sold in AS Is Condition

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318 S Pico Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,300
  • Price/Sq.ft. $264
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Other Expense: 3600.0
  • Gardener Expense: 600.0
  • Gross Income: 89400.0
  • Gross Scheduled Income: 89400.0
  • Insurance Expense: 3000.0
  • Maintenance Expense: 3000.0
  • Net Operating Income: 66160.0
  • Operating Expense: 23240.0
  • Trash Expense: 3000.0
  • Water Sewer Expense: 3000.0

Building Information

  • New Construction: No
  • Year Built: 1928

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: SRCAR - Southwest Riverside County
  • Postal City: SAN JACINTO

Community/Development

  • Community Features: Suburban,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash to New Loan,Conventional
  • Parcel Number: 437053008
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 5300.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: front
  • Laundry Features: None
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Acres: 0.21
  • Lot Size Area: 9148.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9148.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

318 S Pico Neighborhood

Community

92583 (San Jacinto) Demographics

35
Median Age
1,104
Population Density (per sq. mile)
20%
College Educated
$46,844
Estimated Median Income
5,819
Estimated Total Home Owners
3,407
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

318 S Pico Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

318 S Pico Market Data

Based on the last 30 days in this zip code

$425,892
Average List Price
$262
Average Price per Square Foot
21
Properties Sold
80
Average Days on Market
165
Properties for Sale
Calculations provided by Reliance Network

318 S Pico History

Date Event Value Agent
4/27/2026Source: CRMLS Added to Database
April 27, 2026
4/7/2026Source: CRMLS Price Reduction
$1,399,500 -6.7%
3/5/2026Source: CRMLS Price Increase
$1,499,995 900.0%
3/5/2026Source: CRMLS Added to Database
March 05, 2026
Listing provided courtesy of VILLAGE REALTORSJose Gutierrez- MLS# CV26048886MLS ProviderContact Information: 626-918-7251
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