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.
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
Est.:
Multi Family
Built in 1965
-- sqft lot
$21,793,200 Zestimate®
$252/sqft
$-- HOA
What's special
Recessed lightingOpen on-site parkingCeiling fans
- 142 days
- on Zillow |
- 498 |
- 14 |
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