1480 7th Street

Riverside, CA 92507

  • 0 Bed(s)
  • 0 Bath(s)
  • 22,576 Sqft
  • 35719.2
    Sqft(Lot)
$5,150,000

Description

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.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    47650458

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Heating Source

    • None
    • Has Heating

  • Building Information

    • Year Built: 1971
    • Building Area Total: 22,576

    Pool Features

    • Fenced,In Ground,Private

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.82
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 35719.2

  • Listing Price Information

    • Original List Price: 5,150,000
    • Listing Contract Date: 2024-11-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 250190014

  • Garage and Parking

    • Garage Description: Assigned,Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 252 - Riverside
    • Directions: Head North on Iowa Ave, Left onto University Ave, Right onto Cranford Ave, then a Right onto 7th St. Property will be on your Right
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 252 - Riverside
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 53
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: First
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/23/2024 @ 19:16

  • MLS: OC24233882
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 22,576 sqft, 35,719 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Riverside , in zip code 92507, this Riverside County Home are nearby neighborhoods.