4641 arlington Avenue
Riverside, CA 92504
1.56 acres | #SB24174317
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.
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$11,000,000
- MLS #SB24174317
- MLS #SB24174317
- CountyRiverside
- Property SubtypeApartment
- Cost11000000
- Acres1.5579
- Utility SourcePublic
- Lot DescriptionLawn
- Year Built1967
- Stories2
- Parking Spaces4
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Todd Wohl (#sbbrautod)
Listing Office: Premiere Estates International Real Estate (#S6407)
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