$5,150,000
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1480 7th Street Riverside, CA 92507
Apartment
Residence
Beds
Baths
22,576
Sq. Ft.
0.82
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
Normandy Apartments (25 units) located in the robust rental market of Riverside, California. Built ...in 1971 the property consist of approximately 22,000 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 3 Bedroom, 2 Bedroom, and 1 Bedroom units. The property is situated on approximately .82 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, and pool. 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.
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MLS#
OC24233882
Property Type
Apartment
Status
Year Built
1971
Square Feet
22,576
sq. ft
Lot Size
0.82
Stories
2.0
Sewer
Sewer Connected, Public Sewer
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