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.
The income description goes here to explain
List Price | $11,000,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 4 spots |
Year Built | 1967 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 226210019 |
MLS # | SB24174317 |
Property ID | 320787392 |
Lot Sqft | 67,860 |
Zoning | Unknown |
Total Units | 44 |
Days on Market | 153 |
Original List Price | $11,000,000 |
Date Updated | September 30, 2024 |
Date Created | August 22, 2024 |
Todd Wohl an agent of . Lic #01912556
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT