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 “heavy lifting” is complete and should appeal to
an investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.
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 “heavy lifting” is complete and should appeal to
an investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.
Property Details
Price:
$23,995,000
MLS #:
OC25062567
Status:
Active
Baths:
0
Address:
3681 Cranford Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
252riverside
City:
Riverside
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
92507
Lot Size:
130,244 sqft / 2.99 acres (approx)
Year Built:
1965
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Schools
Interior
Fireplace Features
None
Heating
None
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Garage Spaces
0.00
Lot Features
26-30 Units/ Acre, 31-35 Units/ Acre
Parking Features
Assigned, Auto Driveway Gate, Carport
Parking Spots
209.00
Pool Features
Community
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity
Map
Community
- Address3681 Cranford Avenue Riverside CA
- Area252 – Riverside
- CityRiverside
- CountyRiverside
- Zip Code92507
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