$ 11,000,000
4641 arlington Avenue Riverside, CA 92504
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Todd Wohl • Premiere Estates International Real Estate
$ 11,000,000
Est. payment /mo
New
4641 arlington Avenue Riverside, CA 92504
33,884 SqFt
UPDATED:
08/24/2024 10:39 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 33,884 sqft
Price per Sqft $324
MLS Listing ID SB-24174317
Year Built 1967
Lot Size 1.558 Acres
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
Interior
Laundry Common Area
Exterior
Garage Garage, Carport, Driveway
Garage Spaces 4.0
Pool Private, Fenced, In Ground
Community Features Urban
Building
Lot Description Lawn
Sewer Public Sewer