Active

4641 4645 arlington Avenue

Riverside CA, 92504

$11,000,000


$324.64 per sqft

Active

33,884 sqft

Condos

Built in 1967

Listed by Todd Wohl with Premiere Estates International Real Estate 310-704-3616

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.

SB24174317

MLS ID

August 22, 2024

Listed

December 5, 2024

Updated

Map

4641 4645 arlington Avenue
Riverside CA, 92504

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.56 Acres


Lot Features

Lawn


Sewer

Public Sewer

Other Property Details

Area Name

252 - Riverside


Days on Market

104


Garage

Yes


Garage Spaces

4


Parking

Carport, Driveway, Garage


Parking Total

43


View

No


County

Riverside


Water Source

Public


Pool

Yes


Pool Features

Fenced, In Ground, Private

Listing Contact: 877-337-8283 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 5:23 AM UTC

 

Powered byLuxury Presence