9
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$990,000
Est. payment /mo
10,497 Sqft Lot
Pending
413 GLEN ST Riverside, CA 92507
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SW26039612
HOA Y/N No
Lot Size 10,497 Sqft
Property Sub-Type Multi Family
Property Description
EXCELLENT INVESTMENT OPPORTUNITY - 8 UNITS IN PRIME RIVERSIDE LOCATION!
This well-maitained property featured 8 STUDIO UNITS, EACH WITH 1 BATH, and is FULLY ACCUPAIED WITH GOOD, STABLE TENANTS, PROVIDING IMMIDIATE RENTAL INCOME FOR THE NEW OWNER, Coveniently located just minutes from DOWNTOWN RIVERSIDE and near the iconic Mission Inn Hotel & Spa area, the property offers easy access to major shopping centers, dining, and entertainment. Commuters will appriciate the close proximity
to the 91, 60, 15 and 215 freeways. Ideal for an investor or as part a 1031 exchange, this property also offers strong upside potential, including the possiblity for ADU development (Buyer to verify with city).PLEASE NOTE, THIS PROPERTY HAS 2 SEPARATE APN#:
411 WITH 4 UNITS AND APN #214-102-005 & 413 WITH 4 UNITS WITH APN#241-102-004, This total 8 units are UNDER THE POSTAL ADDRESS OF 411-413 GLEN ST. Riverside and both ARE REGISTERED ON THE TITLE REPORT as one commercial property.
This well-maitained property featured 8 STUDIO UNITS, EACH WITH 1 BATH, and is FULLY ACCUPAIED WITH GOOD, STABLE TENANTS, PROVIDING IMMIDIATE RENTAL INCOME FOR THE NEW OWNER, Coveniently located just minutes from DOWNTOWN RIVERSIDE and near the iconic Mission Inn Hotel & Spa area, the property offers easy access to major shopping centers, dining, and entertainment. Commuters will appriciate the close proximity
to the 91, 60, 15 and 215 freeways. Ideal for an investor or as part a 1031 exchange, this property also offers strong upside potential, including the possiblity for ADU development (Buyer to verify with city).PLEASE NOTE, THIS PROPERTY HAS 2 SEPARATE APN#:
411 WITH 4 UNITS AND APN #214-102-005 & 413 WITH 4 UNITS WITH APN#241-102-004, This total 8 units are UNDER THE POSTAL ADDRESS OF 411-413 GLEN ST. Riverside and both ARE REGISTERED ON THE TITLE REPORT as one commercial property.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Fireplace No
Laundry None
Exterior
Present Use Multi-Family
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 247102004
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Ardavan Mofid CENTURY 21 Affiliated 909-223-7214, DRE #01098754
Nearby Locations
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