Built in 1964, The University Gardens consist of approximately 67,202 of rentable square feet and is in good condition since the current ownership has made several recent renovations to the interiors & exteriors. The unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 3 acres of land that includes tuck under parking, carports, open on-site parking in addition to street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental office. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting & ceiling fans throughout. Most of the “heavy lifting” is almost complete and should appeal to an investor looking for an asset surrounded by tremendous job opportunity and 10% realistic rental upside. Priced way below replacement cost (under $262 per foot) & less than 1.5 miles from 91 and 215 freeways. Earthquake retrofit and seismic upgrades have been made & all newer roofs and rain gutters.
MLS #
CROC26004201
MLS Source
California Regional MLS
Days on Site
2
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
No Heating
Garage/Parking
Assigned Spaces, Garage: 88 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 88 | – |
3681 Cranford Ave is a Residential Income in Riverside, CA 92507. This – square foot property sits on a 3 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $17,599,000 and was built in 1965. This address can also be written as 3681 Cranford Ave, Riverside, CA 92507.
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This listing information is up-to-date as of January 08, 2026. For the most current information, please contact Jonathan Mitchell