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- MLS#CV20238131
- TypeIncome
- CountyRIVERSIDE
- CityRiverside
- AreaRiverside
- Zip92507
- StyleQuadruplex
- Price$ 829,888
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Lot Size8,276 SqFt
Listing Provided Courtesy Of:
ARTHUR DRESCH with ARTHUR DRESCH REALTY.
Data Source:
CRMLS
Property Description
This is an excellent opportunity for the right investor. It's a very excellent location is perfectly situated near the 215 & 60 FWY. The property consists of a very attractive unit mix with 4 2Bedroom + 1Bathroom units perched behind a satisfactory 4-unit carport. Nestled off the 215 FWY in between the 10 & 60 FWY, this property is very commuter-friendly. Just 3 miles from the University of California of Riverside, this is a highly desirable rental area. This is an extremely rare investment that features amazing upside potential with all units individually metered for electricity and gas. Great additional parking in the front of the building. The property is located 3 miles from the University of California Riverside (UCR) while also only less than a mile from the Grand Terrace High School. The property is strategically situated between Downtown Riverside & the upcoming city of Grand Terrace. Right off the 215 FWY in between the 10 & 60 FWY, this property is very commuter-friendly. The property does have a septic tank system. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. The buyer is advised to independently verify the accuracy of all information and condition of the property through personal inspection and with appropriate professionals. All 4 of the units have been remodeled.
Price History | |
---|---|
11/12/2020 | Listed $829,888 |
General Features
Carport Spaces | 4 |
---|---|
Carport Y/N | Yes |
Community Features | Suburban |
Levels | Two |
MLS Area | 252 - Riverside |
Parking Features | Detached Carport |
Pool Features | None |
Property Attached Y/N | Yes |
Property SubType | Quadruplex |
Property Type | Residential Income |
Sewer | Shared Septic |
Terms | Cash, Conventional, 1031 Exchange |
Total Actual Rent | 3854 |
Total Units | 4 |
Water Sewer Expense | 70 |
Zoning | R-2 |
Interior Features
Common Walls | 2+ Common Walls |
---|---|
Laundry Features | None |
Exterior Features
Lot Features | 2-5 Units/Acre |
---|---|
Lot Size Acres | 0.19 |
Lot Size Area | 8276 |
Lot Size Source | Assessor |
Lot Size Square Feet | 8276 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 4 |
Number of Separate Gas Meters | 4 |
Number of Separate Water Meters | 1 |
Total Parking | 4 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool