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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 FEATURES
Sewer: Public Sewer
Water Source: Public
Uncovered Spaces: 14.00
Carport Spaces: 25.00
# of Garage Spaces: 4.00
# of Parking Spaces: 43.00
Lot Features: Lawn
Number Of Buildings: 2
Parcel Identification Number: 226210019
Year Built Source: Appraiser
Common Walls: 2+ Common Walls
Laundry Features: Common Area
Laundry: Has Laundry
MLSAreaMajor: 252 - Riverside
PROPERTY DETAILS
Street Address: 4641 arlington Avenue
City: Riverside
State: California
Postal Code: 92504
County: Riverside
MLS Number: SB24174317
Year Built: 1967
Courtesy of Premiere Estates International Real Estate
City: Riverside
State: California
Postal Code: 92504
County: Riverside
MLS Number: SB24174317
Year Built: 1967
Courtesy of Premiere Estates International Real Estate
Courtesy of Walton Realty Inc.