Sold for $6,150,000 on 05/16/24
Listing Provided by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
Bought with: CB RICHARD ELLIS
$6,150,000
1789 7th St, Riverside, CA 92507
42beds
52baths
19,800sqft
Multi Family
Built in 1966
-- sqft lot
$5,573,100 Zestimate®
$311/sqft
$1,398 Estimated rent
Home value
$5,573,100
$4.79M - $6.52M
$1,398/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
We are pleased to present the opportunity to acquire Sandra's Apartments located at 1789 7th Street in the city of Riverside. The property building size totals ± 19,800 SF and is situated on a well-maintained ± 30,928 square feet lot. Sandra's Apartments are conveniently located minutes away from Downtown Riverside and its cross streets are Chicago Avenue and Ottawa Avenue. The property offers convenient access to the University of California, Riverside, the Downtown Metrolink rail station, pharmacies, markets, banks, restaurants, and other popular retailers all within a short distance.
Sandra's Apartments feature mature landscaping with a gated pool and courtyard. The property also has secured gated entry, on-site laundry facility, tuck-under parking, surface vehicle parking, and ample street parking. The units feature fully equipped kitchens with appliances, wood-looking vinyl plank and tile flooring, ceiling fans, vertical blinds, and wall air conditioning and heating.
The property offers convenient access to the 91, 15, 215 and 60 freeways connecting to San Bernardino, Orange, and Los Angeles Counties. Neighboring cities include Moreno Valley, Corona and San Bernardino. Significant local landmarks within a 20-mile radius include: Castle Amusement Park, Riverside Art Museum, Fox Performing Arts Center, the Galleria at Tyler, Fairmount Park, Mount Rubidoux Park, Riverside Municipal Auditorium, UC Riverside Botanic Gardens and the historic Mission Inn Hotel & Spa. The Sandra's Apartments is a prime Riverside income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Zillow last checked: 8 hours ago
Listing updated: May 17, 2024 at 08:56am
Listing Provided by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
Bought with:
Eric Chen, DRE #01489184
CB RICHARD ELLIS
Source: CRMLS,MLS#: CV24032554
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 42
- Bathrooms: 52
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 19,800
- Total interior livable area: 19,800 sqft
Property
Parking
- Total spaces: 27
- Parking features: Garage, Carport
- Garage spaces: 2
- Carport spaces: 20
- Covered spaces: 22
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: Community
- Spa features: None
Lot
- Size: 0.71 Acres
- Features: 26-30 Units/Acre
Details
- Parcel number: 211181017
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Pool
Location
- Region: Riverside
HOA & financial
Other financial information
- Total actual rent: 436740
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2024 | Sold | $6,150,000-5.4%$311/sqft |
Source: | ||
| 4/16/2024 | Pending sale | $6,500,000$328/sqft |
Source: | ||
| 3/15/2024 | Contingent | $6,500,000$328/sqft |
Source: | ||
| 2/15/2024 | Listed for sale | $6,500,000$328/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 7/10William Howard Taft Elementary SchoolGrades: K-6Distance: 3.6 mi
- 6/10University Heights Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,573,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,573,100


