For sale
  • Listing Provided by: 

    Jonathan Mitchell DRE #01227852 949-557-5000,

    Kidder Mathews of California, Inc

    $22,599,000

    3681 Cranford Ave, Riverside, CA 92507

    153beds
    136baths
    89,517sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $21,793,200 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Recessed lightingOpen on-site parkingCeiling fans
    Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signiant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental of?ce. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.
    142 days
    on Zillow
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    498
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    14
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