Homes for sale - 4641 arlington AVE, Riverside, CA 92504

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 11,000,000

Est. payment -/mo

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4641 arlington AVE Riverside, CA 92504

33,884 SqFt

UPDATED:

08/22/2024 07:26 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 33,884 sqft

Price per Sqft $324

MLS Listing ID SB24174317

HOA Y/N No

Year Built 1967

Lot Size 1.558 Acres

Acres 1.5579

Property 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.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Laundry Common Area

Exterior

Parking Features Carport, Driveway, Garage

Garage Spaces 4.0

Pool Private, Fenced, In Ground

Community Features Urban

Private Pool Yes

Building

Lot Description Lawn

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Trust

Confidential INFO

TERMS Cash,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS trust sale financials available upon request professionally managed nearly fully occupied

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS showings will be provided after an offer is submitted proof of funds and/or lender approval letter must accompany offer

Listed by Premiere Estates International Real Estate

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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