9059 Colony Place

Riverside, CA 92503

  • 8 Bed(s)
  • 4 Bath(s)
  • 3,784 Sqft
  • 9583
    Sqft(Lot)
$999,950

Description

Excellent opportunity to own four units that are leased at below market rents. property is zoned r3. not only is the property is conveniently located behind a renovated stater brothers shopping center with a canes nearby, but this investment property can sustain itself. the property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. the four units also comes with a community laundry room that is coin operated. the washer and dryer machines are rented and the 3rd party company takes care of everything. the landlord nets about $100 per month. the investment property also has eight to nine parking spots. see attached supplements for: property inspection reports, title, sewage, termite, seller disclosures, and offer template. all you need to do is plop in the price! be sure to click on the 360 3d matter port tour. mls only allows for one tour, so i have added the rest on the supplements, if you want to view the other units. many of the leases renewal will be in the summer. property will be sold as-is.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    See Remarks

  • AD ID

    49105772

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Interior Features: Unfurnished,All Bedrooms Down
    • Property Appliances: Gas Oven,Refrigerator
    • Fireplace: None
    • Flooring: See Remarks

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1978
    • Building Area Total: 3,784
    • Construction: Stucco
    • Roof: Composition

    Foundation

    • Slab

    Accessibility Features

    • See Remarks

    Pool Features

    • None

    Laundry Features

    • Common Area,See Remarks

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.22
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9583

  • Listing Price Information

    • Original List Price: 999,950
    • Listing Contract Date: 2025-03-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 191071007

  • Garage and Parking

    • Garage Description: On Site,Paved,Private,One Space,Uncovered

    Homeowners Association

    Rental Info

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

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 252 - Riverside
    • Postal Code Plus 4: 8061
    • Directions: Head south on Van Buren. Then head east on Jackson, then a left on Colony Pl.
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 252 - Riverside
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 47
    • Common Walls: 2+ Common Walls
    • Property Condition: Turnkey
    • Structure Type: Quadruplex
    • Year Built Source: Estimated
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/04/2025 @ 01:17

  • MLS: AR25048685
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 3,784 sqft, 9,583 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 92503, this Riverside County Home are nearby neighborhoods.