3681 Cranford Avenue, Riverside, CA 92507 – CROC25062567

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Jonathan Mitchell • Kidder Mathews of California, Inc

$23,995,000

Est. payment - /mo

89,517 SqFt

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 89,517 sqft

Price per Sqft $268

MLS Listing ID CROC25062567

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1965

Lot Size 2.990 Acres

Property Sub-Type Other

Property Description

Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental of?ce. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the â€œheavy liftingâ€ is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.

Location

State CA

County Riverside

Interior

Heating None

Fireplace No

Laundry Other

Building

Water Public

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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3681 Cranford Avenue Riverside, CA 92507

Sean Beattie Jr.

Key Details

Location

Interior

Building

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