4641 arlington Avenue
Riverside, CA, 92504
$11,000,000
Beds
0 Baths
SqFt
1.56 Acres
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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.

Property Details

Price:
$11,000,000
MLS #:
SB24174317
Status:
Active
Baths:
0
Address:
4641 arlington Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
252riverside
City:
Riverside
Listed Date:
Aug 22, 2024
State:
CA
ZIP:
92504
Lot Size:
67,860 sqft / 1.56 acres (approx)
Year Built:
1967
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Schools

Interior

Exterior

Community Features
Urban
Garage Spaces
4.00
Lot Features
Lawn
Parking Features
Carport, Driveway, Garage
Parking Spots
43.00
Pool Features
Private, Fenced, In Ground
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Sewer, Trash Collection, Water

Map

Community

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4641 arlington Avenue
Riverside, CA