Listed by Todd Wohl of Premiere Estates International Real Estate twohl@premiereestates.com
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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.
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Listing Snapshot
Price
$11,000,000
Days On Site
91 Days
Bedrooms
N/A
Inside Area (SqFt)
33,884 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.5579 Acres
Year Built
1967
MLS® Number
SB24174317
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 months ago
Status changed to Active
3 months ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
1.5579
Carport
25
Garage
Yes
Garage Spaces
4
Number Of Stories
2
Parking
CarportDrivewayGarage
Parking Spaces
43
Property Sub Type
Apartment
Sewer
Public Sewer
SqFt Total
33884
Water Source
Public
Interior Features
Laundry Features
Common Area
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Exterior Features
Pool Features
FencedIn GroundPrivate
Private Pool
Yes
Community Features
Building Access
1
Financing Terms Available
CashConventional
MLS Area
252 – Riverside
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DISCLAIMER: Lux Team is a very competitive environment.
All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
DISCLAIMER:
Lux Team is a very competitive environment.
All applicants are thoroughly screened and not all are accepted.
Each applicant must apply, interview, and be selected to join the Lux Team.
If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
Become a Lux Team Agent
DISCLAIMER: Lux Team is a very competitive environment.
All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
DISCLAIMER:
Lux Team is a very competitive environment.
All applicants are thoroughly screened and not all are accepted.
Each applicant must apply, interview, and be selected to join the Lux Team.
If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.