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.
university gardens (88 units) is located in the robust rental market of riverside, california. built in 1965 the property consist of approximately 67,000 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 2 bedroom, 1 bedroom & studio units. the property is situated on approximately 2.2 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, pools & rental office. 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 IncomeCounty
RiversideStyle
Residential IncomeAD ID
47650451
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 70,160
Pool Features
- Fenced,In Ground,Private
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 2.21
- Lot Size Source: Assessor
- Lot Size Square Feet: 96267.6
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Listing Information
Listing Price Information
- Original List Price: 18,100,000
- Listing Contract Date: 2024-11-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 250170037
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 252 - Riverside
- Directions: Head North on Iowa Ave, left onto University Ave, then Right onto Cranford Ave. Property is on the Left
- Source Property Type: Residential Income
- Area: 252 - Riverside
- Property SubType: Apartment
Building and Construction
- Property Age: 59
- Common Walls: 1 Common Wall
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: First
- Property Attached: Yes
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 11/21/2024 @ 11:02
- MLS: OC24232711
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 70,160 sqft, 96,268 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.