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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,350,000

Est. payment | -/mo

8 Beds

4 Baths

Save Virtual Tour

$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID AR25048685

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Location

State CA

County Riverside

Zoning Estimated

Direction Head south on Van Buren. Then head east on Jackson, then a left on Colony Pl.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Tax ID 191071007

Virtual Tour https://my.matterport.com/show/?m=yGFPrUhyGQF&brand=0

Listed by Douglas Lee COMPASS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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9059 Colony Place Riverside, CA 92503