Property Details
About this Property
This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda. Normandy Apartments (25 units) located in the robust rental market of Riverside, California. Built in 1971 the property consist of approximately 22,000 of rentable square feet and is in good condition since the current ownership has made several recent significant renovations to the interiors & exteriors. The balanced unit mix consists of 3 Bedroom, 2 Bedroom, and 1 Bedroom units. The property is situated on approximately .82 acres of land that include tuck under parking, carports, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, and pool. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity.
MLS Listing Information
MLS #
CROC24233882
MLS Source
California Regional MLS
Days on Site
50
Interior Features
Laundry
Community Facility
Heating
No Heating
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1480 7th St is a Residential Income in Riverside, CA 92507. This – square foot property sits on a 1 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,150,000 and was built in 1971. This address can also be written as 1480 7th St, Riverside, CA 92507.
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This listing information is up-to-date as of December 23, 2024. For the most current information, please contact Mark Bridge, (949) 372-4888
