1480 7th Street, Riverside, CA 92507 (MLS # OC24233882)

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PRICE $5,150,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 22,576 sqft
LOT SIZE 35,720 sqft

This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda.Normandy Apartments (25 units) located in the robust rental market of Riverside, California. Built in 1971 the property consist of approximately 22,000 of rentable square feet and is in good condition since the current ownership has made several recent significant renovations to the interiors & exteriors. The balanced unit mix consists of 3 Bedroom, 2 Bedroom, and 1 Bedroom units. The property is situated on approximately .82 acres of land that include tuck under parking, carports, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, and pool. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity.

DAYS ON MARKET 1 LAST UPDATED 11/14/2024
YEAR BUILT 1971 COMMUNITY Riverside
COUNTY Riverside STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Riverside
GARAGE Assigned, Covered
HEAT None
LOT 0.82 acre(s)
LOT DESCRIPTION 21-25 Units/Acre
PARKING Assigned,Covered
POOL Yes
POOL DESCRIPTION Fenced,In Ground,Private
SEWER Public Sewer
STORIES 2
UTILITIES Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
WATER Public
ZONING R3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Mark Bridge, Broker

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 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.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/14/24 8:00 PM PST 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. Properties may or may not be listed by the office/agent presenting the information

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