$8,350,000
$9,995,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
1.56 Acres Lot
SOLD DATE : 09/09/2025
Key Details
Sold Price $8,350,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25065506
Sold Date 09/09/25
HOA Y/N No
Year Built 1967
Lot Size 1.558 Acres
Property Sub-Type Apartment
Property Description
Trust Sale - 44 unit apartment complex with 2 separate buildings, Open courtyard which creates an open feeling for each apt, Parking spaces – 1 per unit, Laundry in building, Pool, Utilities included in rents – water, sewer and trash, Direct and easy access to the 91 freeway, Minutes from downtown Riverside, Increases are done yearly, Only one vacant unit is in need of rehab, Majority of the tenants are long term month to month. Upside rent opportunity and operations management. Possible ADU development on the property. See city for information. specific sale terms required for sale.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 44.0
Garage Description 44.0
Pool Fenced, Private
Community Features Biking, Horse Trails, Sidewalks
Total Parking Spaces 44
Private Pool Yes
Building
Lot Description Lot Over 40000 Sqft
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 226210020
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Trust
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Bought with General NONMEMBER NONMEMBER MRML
