Properties
Riverside, CA 92501 3848 LOCUST
$990,000
1 more
Presented By: Ardavan Mofid with CENTURY 21 Affiliated; 909-223-7214
Baths • 4
SQFT • 7,100
Home Details
EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT!
Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways.
Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.
Presented By: Ardavan Mofid with CENTURY 21 Affiliated; 909-223-7214
Interior Features for 3848 LOCUST
Other Interior Features
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 3848 LOCUST
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityRiverside
CountyRiverside
Current FinancingConventional
Directionsoff the 91 fwy east, turn left and follow to Locust on cul-de-sac
Listing TermsCash to New Loan, Item1031Exchange
Lot Size Square Feet9100
Lot Size UnitsSquare Feet
MLS Area252 - Riverside
Number Of Units Total6
Number of Units Leased6
Occupancy TypeTenant
PostalCityRIVERSIDE
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount3308.68
Exterior for 3848 LOCUST
Building Area Total7100
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.2089
Lot Size Area9100
Number of Buildings6
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
