Homes for sale - 3681 3681 Cranford Ave, Riverside, CA 92507

Riverside, CA 92507,3681 3681 Cranford Ave

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JLee Broker

[email protected] +1(650) 857-1000

$18,100,000

Est. payment - /mo

2 Sqft Lot

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UPDATED:

11/19/2024 08:26 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC24232711

Originating Board California Regional MLS

Year Built 1965

Lot Size 2 Sqft

Property Description

This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda. University Gardens (88 units) is located in the robust rental market of Riverside, California. Built in 1965 the property consist of approximately 67,000 of rentable square feet and is in good condition since the current ownership has made several recent significant renovations to the interiors & exteriors. The balanced unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 2.2 acres of land that include tuck under parking, carports, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental office. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the "heavy lifting" is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Laundry Community Facility

Exterior

Garage Assigned Spaces, Carport

Garage Spaces 176.0

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

Building

Story Three or More Stories

Water District - Public

Others

Tax ID 250170037

Special Listing Condition Not Applicable

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Listed by Mark Bridge • Mark Bridge, Broker

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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3681 3681 Cranford Ave Riverside, CA 92507

JLee Broker

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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