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$ 11,000,000
Est. payment /mo
Active
4641 4645 arlington AVE Riverside, CA 92504
1.56 Acres Lot
UPDATED:
12/05/2024 02:32 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24174317
HOA Y/N No
Year Built 1967
Lot Size 1.558 Acres
Property Description
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.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport, Driveway, Garage
Garage Spaces 4.0
Carport Spaces 25
Garage Description 4.0
Pool Fenced, In Ground, Private
Community Features Urban
Total Parking Spaces 43
Private Pool Yes
Building
Lot Description Lawn
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 226210019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Trust
Listed by Todd Wohl • Premiere Estates International Real Estate • 310-704-3616