4641 arlington Avenue Active

Riverside,CA 92504

$ 11000000

- Bed

- Bath

33884 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 33,884 sqft

Price per Sqft $324

MLS Listing ID CRSB24174317

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

Interior

Laundry Other

Building

Lot Description Other

Water Public

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