4641 4645 arlington AVE Active

Riverside,CA 92504

$ 11000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB24174317

Originating Board California Regional MLS

Year Built 1967

Lot Size 1.558 Acres

Property Description

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.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Laundry Laundry Area

Exterior

Garage Carport ,Garage,Other

Garage Spaces 43.0

Pool Pool - In Ground,Pool - Yes,Pool - Fenced

Building

Water District - Public

Others

Tax ID 226210019

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