Riverside CA Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- 1,260
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- IV24175899
ADDITIONAL INFORMATION
Pride of ownership but priced like a fixer. Discover a lucrative opportunity with these four single-family detached homes, ideally positioned on a spacious corner lot with room to add an additional home—perfect for future expansion and increased rental income. Each home offers a functional, modern design with an open-concept living area, a sleek kitchen, one bedroom, and a well-appointed bathroom featuring a tiled shower. Occupancy Details: Units 2, 3, and 5 are tenant-occupied; Unit 4 is available for showings. There is no Unit 1. Please do not disturb tenants. Investor Highlights: Professionally managed. Turnkey Condition: Remodeled in 2022, minimizing immediate maintenance needs. Income Flexibility: Maximize cash flow by renting all four homes, go owner-occupied utilizing a small down payment, or add additional units for added revenue. Utility Arrangements: Tenants pay for electricity, trash, and sewer, owner covers water and gas (gas limited to hot water heaters only). Scalable Investment: Tiny home community. This property is an outstanding investment, offering solid rental income today and substantial growth potential for the future.
$2,100,000
3751 Harvill Lane Riverside, CA 92503
- Type:
- Apartment
- Sq.Ft.:
- 7,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- OC24224124
ADDITIONAL INFORMATION
Located in an excellent residential area in Corona Submarket. Intersection of McKinley St. and Magnolia Ave. Walk across the street to Villegas Middle School. Near the University of Riverside, La Sierra University, and plenty of retail and public transit opportunities. Property offers mix of units = (2) 3 Bedroom/1.5 Bath units - townhouse style, (2) 2 Bedroom/1 Bath units - townhouse style, and (4) 1 Bedroom/1 Bath units. Central air and heating. Townhouse style units have outdoor patios. 10 Garages plus open spaces and street parking . Community laundry room on 1st floor. Approx. +/-7620 SF on a +/- 10,000 sf lot. Buyer to verify all information prior to submitting offers. Gross scheduled income is $145,000 (current). Fully occupied and waitlist for units. Tenants pay electricity and gas. Buyer shall independently verify accuracy of all info to their satisfaction with inspection and trade professionals. Offers subject to inspection. Sold As Is. Seller will not make repairs or termite. Drive-by only, please do not disturb tenants.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- CRIV24151116
View additional info
Courtesy: RANTAX, INC.
ADDITIONAL INFORMATION
Step into a world of opportunity with this fantastic triplex in the vibrant heart of Riverside, CA! Imagine the charm of cozy units with functional living spaces, practical kitchens, and sunlit rooms – all waiting for your personal touch. With convenient on-site parking and a delightful common outdoor area, this property is perfect for relaxation and entertaining. Located just moments from schools, parks, shopping, and dining, this triplex offers amazing rental income potential. It's the perfect starter home for first-time buyers – live in one unit and watch your investment grow with income from the other two. Add a splash of TLC and a sprinkle of upgrades, and you’ll turn this gem into a dazzling investment! Whether you're an eager investor or a savvy buyer looking for a multi-family gem, this triplex is your golden ticket. Don’t let this opportunity slip away – schedule a viewing today and make your investment dreams come true!
Riverside Real Estate
The median home value in Riverside, CA is $590,700. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Riverside, CA is $590,700. Approximately 52.85% of Riverside homes are owned, compared to 42.03% rented, while 5.13% are vacant. Riverside real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Riverside real estate agent to arrange a tour today!
Riverside, California 92503 has a population of 314,858. Riverside 92503 is more family-centric than the surrounding county with 35.72% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Riverside, California 92503 is $76,755. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Riverside 92503 is 31.9 years.
Riverside Weather
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 42.4 degrees. The average rainfall is approximately 11.3 inches per year, with 0 inches of snow per year.