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2909 4th Street

Riverside, CA 92507
  • $1,019,000
  • STATUS: ACTIVE
  • ON SITE: 127 Days
  • ID#: PW22243847
UPDATED: 51 min ago
$1,019,000
  • 7
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). Sold in as-is present condition. Current rents: 3363 Park :1500.00, 3365 Park: 1455.00 2902 4th 1850.00 Total rent per month: 4805.00 Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). Sold in as-is present condition. Current rents: 3363 Park :1500.00, 3365 Park: 1455.00 2902 4th 1850.00 Total rent per month: 4805.00

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/134983678
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2909 4th Street Riverside, CA 92507

  • Price: $1,019,000
  • Status: ACTIVE
  • On Site: 127 Days
  • Updated: 51 min ago
  • ID#: PW22243847
7
Beds
0
Baths
0
½ Baths
0.24
Acres
Neighborhood:
Riv Cty-Riverside (92507)
County:
Riverside
Area:
Riv Cty-Riverside (92507)
Property Description
Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). Sold in as-is present condition. Current rents: 3363 Park :1500.00, 3365 Park: 1455.00 2902 4th 1850.00 Total rent per month: 4805.00 Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). Sold in as-is present condition. Current rents: 3363 Park :1500.00, 3365 Park: 1455.00 2902 4th 1850.00 Total rent per month: 4805.00
Exterior Features

Pool N/K Site Sidewalks Spa N/K

Interior Features

Cooling Central Forced Air Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0

Property Features

Actual Cap Rate 4.05 Annual Expense Actual 0 Buildings 3 Cfd Mello Roos Fee 88.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 57660 Home Owners Fees 0.0 Monthly Total Fees 7 Possession Close Of Escrow Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1850.0 Unit2 Rent Actual 1500.0 Unit3 Rent Actual 1455.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Re/Max College Park Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128