Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.
MLS #
CRAR25048685
MLS Source
California Regional MLS
Days on Site
17
Appliances
Oven - Gas, Refrigerator
Flooring
Other
Laundry
Community Facility
Cooling
Central Forced Air
Heating
No Heating
Roof
Composition
Foundation
Slab
Pool
None
Style
Other
Garage/Parking
Common Parking Area, Other, Parking Area, Private / Exclusive, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 946 | – | 0/0 | – |
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Jackson Elementary School | public | K-6 | 0.47 mi | |
Foothill Elementary School | public | K-5 | 0.85 mi | |
Arlanza Elementary School | public | K-5 | 0.94 mi | |
Adams Elementary School | public | K-6 | 0.98 mi | |
Terrace Elementary School | public | K-5 | 1.04 mi | |
Sunshine Special Education School | public | K-12 | 1.11 mi | N/A |
Wells Middle School | public | 6-8 | 1.25 mi | |
Monroe Elementary School | public | K-6 | 1.31 mi | |
Norte Vista High School | public | 9-12 | 1.45 mi | |
Liberty Elementary School | public | K-6 | 1.48 mi | |
Chemawa Middle School | public | 7-8 | 1.61 mi | |
Sherman Indian High School | public | 9-12 | 1.61 mi | N/A |
Jefferson Elementary School | public | K-6 | 1.67 mi | |
La Granada Elementary School | public | K-5 | 1.67 mi | |
Alvord Alternative Education Center | public | 9-12 | 1.75 mi | |
Summit Elementary | public | K-5 | 1.75 mi | N/A |
Summit Secondary | public | 6-12 | 1.75 mi | N/A |
Myra Linn Elementary School | public | K-5 | 2.02 mi | |
Indian Hills Elementary School | public | K-6 | 2.19 mi | |
Rosemary Kennedy Elementary School | public | K-5 | 2.23 mi |
9059 Colony Pl is a Residential Income in Riverside, CA 92503. This – square foot property sits on a 9,583 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1978.
This address can also be written as 9059 Colony Pl, Riverside, CA 92503.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 08, 2025. For the most current information, please contact Douglas Lee, (650) 279-1212