Description
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.
Property Type
Residential IncomeSubdivision
FallbrookCounty
RiversideStyle
Residential IncomeAD ID
46728750
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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: 1967
- Building Area Total: 33,884
Pool Features
- Fenced,In Ground,Private
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 1.5579
- Lot Size Source: Assessor
- Lot Size Square Feet: 67860
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Listing Information
Listing Price Information
- Original List Price: 11,000,000
- Listing Contract Date: 2024-08-22
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 226210019
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport,Driveway,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Sewer,Trash Collection,Water
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 252 - Riverside
- Directions: off the 91 at arlington ave
- Source Property Type: Residential Income
- Area: 252 - Riverside
- Property SubType: Apartment
Building and Construction
- Property Age: 58
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Appraiser
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
Statistics Bottom Ads 2
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BuyOwner last updated this listing 01/08/2025 @ 14:44
- MLS: SB24174317
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 33,884 sqft, 67,860 sized lot, and 4 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 92504, this Riverside County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.