Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
Call For Offers: 6/11. Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental of?ce. Select units have been tastefully remodeled with new ?ooring, 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 and 14% realistic rental upside.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
2.99
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Parking
Assigned, Carport, Electric Gate
Financial
-
Sales Price
$22,599,000
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Location
County
Riverside
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Mitchell , Kidder Mathews of California, Inc
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