Trust sale – First time on market in decades. 44 unit multifamily complex minutes from the 91 freeway and downtown Riverside. Income growth opportunity, tenant repositioning opportunity. The 91 freeway corridor is one of the fastest growing markets in southern California. Gross income has increased each year from 2022, 2023 and on track for 2024 gross income increase by $90,000. Tenant pays gas, electricity, internet. Two building and two APNs. Property is sold in As Is condition, seller will not make any repairs.
|
DAYS ON MARKET
|
96
|
LAST UPDATED
|
10/16/2024
|
|
YEAR BUILT
|
1967
|
COMMUNITY
|
Riverside
|
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Riverside
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
Riverside |
| GARAGE |
Carport, Driveway, Garage, Yes |
| HOA DUES |
0 |
| LOT |
1.56 acre(s) |
| LOT DESCRIPTION |
Lawn |
| PARKING |
Carport,Driveway,Garage |
| POOL |
Yes |
| POOL DESCRIPTION |
Fenced,In Ground,Private |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
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Listed with Premiere Estates International Real Estate
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 11/26/24 11:49 AM 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
This IDX solution is (c) Diverse Solutions 2024.
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