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2909 4th Street

Riverside, CA 92507
  • $1,129,000
  • STATUS: Active
  • ON SITE: 4 Days
  • ID#: PW22243847
New On Site 4 Days Ago
UPDATED: 75 min ago
$1,129,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Ratings & Info

Listing Agent(s): Joan Chase Swing of Re/Max College Park Realty (562-982-0300) and Gary Chen of Keller Williams Pacific Estate(562-261-0900)


Description

Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Great for a family or investor! Currently 100% tenant occupied that are month to month. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). **DO NOT DISTURB TENANTS. ALL INQUIRIES AND TOUR REQUEST, CONTACT AGENTS

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T21:30:52.793. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134981878
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2909 4th Street Riverside, CA 92507

  • Price: $1,129,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 75 min ago
  • ID#: PW22243847
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1902
Built
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Great for a family or investor! Currently 100% tenant occupied that are month to month. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). **DO NOT DISTURB TENANTS. ALL INQUIRIES AND TOUR REQUEST, CONTACT AGENTS
Exterior Features

Carport Spaces 2 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features CarportDrivewayGarageOne Space Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Dining Room Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.05 Common Interest None Community Features Street LightsSidewalks Garage YN Yes Gross Income 45814 Gross Scheduled Income 57660 Insurance Expense 0 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 45814 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 11847 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T21:30:52.793. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Joan Chase Swing of Re/Max College Park Realty (562-982-0300) and Gary Chen of Keller Williams Pacific Estate(562-261-0900)