1813 Loma Vista Street Active

Riverside,CA 92507

$ 1990000

- Bed

0 Bath

5631 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,631 sqft

Price per Sqft $353

MLS Listing ID CL25563715

HOA Y/N No

Year Built 1956

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Other

Property Description

Private seller financing available. Well-maintained 8-unit property located near UC Riverside. The property consists of two single-story buildings with four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Units average 704 square feet and feature dual-pane windows; select units offer dual-entry access. The property sits on an 18,296 square foot lot and offers 5,631 square feet of rentable space. Tenants enjoy a large shared grass area and on-site parking. Each unit is separately metered for electricity and gas. Current cap rate is 5.60% with room for upside through rent increases. Located 1.5 miles from UC Riverside with easy access to the 91 and 215 Freeways. Close to shopping, dining, and cultural attractions in Downtown Riverside.

Location

State CA

County Riverside

Zoning R3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 211161009

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