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    3346 Kansas Avenue

    Riverside, CA 92507
    • $499,900
    • STATUS: ACTIVE
    • ON SITE: 113 days
    • ID#: 302873521
    UPDATED: 52 min ago
    $499,900
    • 4
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    If youre looking for the perfect investment opportunity near the heart of Riverside, look no further. Located just down the street from the bustling downtown area, this is a spectacular addition to any investment portfolio. The sprawling lot houses two separate detached homes that are already tenant-occupied for an easy transition and an automatic return on your investment. If youre looking to really maximize your investment, the neighboring lot is a very similar size as this lot and houses a 14+ unit apa If youre looking for the perfect investment opportunity near the heart of Riverside, look no further. Located just down the street from the bustling downtown area, this is a spectacular addition to any investment portfolio. The sprawling lot houses two separate detached homes that are already tenant-occupied for an easy transition and an automatic return on your investment. If youre looking to really maximize your investment, the neighboring lot is a very similar size as this lot and houses a 14+ unit apartment building. With permits and a plan, the same could be done for this lot to really capitalize on your purchase. This large property has fruit trees throughout and plenty of room for parking. The front home has received plenty of upgrades including a new roof, new stucco exterior and updated plumbing throughout. The back lot has been occupied by long term tenants, so less updates have been made but there is plenty of potential. A spectacular investment as is, or even more potential with a rebuild, this is an opportunity you dont want to miss.

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    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sandiegoareahomesforsale.co/homes/110316607
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    3346 Kansas Avenue Riverside, CA 92507

    • Price: $499,900
    • Status: ACTIVE
    • Updated: 52 min ago
    • ID#: 302873521
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1955
    Built
    Neighborhood:
    Riv Cty-Riverside (92507)
    County:
    Riverside
    Area:
    Riv Cty-Riverside (92507)
    Property Description
    If youre looking for the perfect investment opportunity near the heart of Riverside, look no further. Located just down the street from the bustling downtown area, this is a spectacular addition to any investment portfolio. The sprawling lot houses two separate detached homes that are already tenant-occupied for an easy transition and an automatic return on your investment. If youre looking to really maximize your investment, the neighboring lot is a very similar size as this lot and houses a 14+ unit apa If youre looking for the perfect investment opportunity near the heart of Riverside, look no further. Located just down the street from the bustling downtown area, this is a spectacular addition to any investment portfolio. The sprawling lot houses two separate detached homes that are already tenant-occupied for an easy transition and an automatic return on your investment. If youre looking to really maximize your investment, the neighboring lot is a very similar size as this lot and houses a 14+ unit apartment building. With permits and a plan, the same could be done for this lot to really capitalize on your purchase. This large property has fruit trees throughout and plenty of room for parking. The front home has received plenty of upgrades including a new roof, new stucco exterior and updated plumbing throughout. The back lot has been occupied by long term tenants, so less updates have been made but there is plenty of potential. A spectacular investment as is, or even more potential with a rebuild, this is an opportunity you dont want to miss.
    Exterior Features

    Exterior Stucco Pool N/K Roof Metal Site CurbsSidewalks Spa N/K

    Interior Features

    Cooling Wall/Window Heat Equipment N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1

    Property Features

    Annual Expense Actual 2550 Buildings 2 Gross Scheduled Income Actual 31200 Home Owners Fees 0.0 Possession Close Of Escrow Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1450.0 Unit2 Rent Actual 1150.0 Zoning Public Rec

    Listing provided courtesy of Keller Williams Signature Rlty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    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 © 2021 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