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3900 5th Street

Riverside, CA 92501
  • $4,800,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: IV22101214
UPDATED: 51 min ago
$4,800,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Misty Boehmer of Riverside Real Estate Pros (951-777-2811)


Description

Great opportunity to own and improve a 22 unit apartment building in the heart of down town Riverside! The original building consists of studio, and one bedroom units. Located one block away from Riverside Food Lab and walking distance to all the down town attractions. Built around 1941 according to permits and located in a historic district. Owner pays all utilities, it does not have separate or sub meters.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128703299
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3900 5th Street Riverside, CA 92501

  • Price: $4,800,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 51 min ago
  • ID#: IV22101214
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1941
Built
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
Great opportunity to own and improve a 22 unit apartment building in the heart of down town Riverside! The original building consists of studio, and one bedroom units. Located one block away from Riverside Food Lab and walking distance to all the down town attractions. Built around 1941 according to permits and located in a historic district. Owner pays all utilities, it does not have separate or sub meters.
Exterior Features

Carport Spaces 0 Lot Features Corner Lot Number Of Separate Electric Meters 0 Open Parking Spaces 0 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Sidewalks Electric Electricity - On Property Electric Expense 2000 Fuel Expense 500 Garage YN No Gross Income 189720 Gross Scheduled Income 249720 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 189720 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 60000 Property Condition Fixer Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays None Trash Expense 1000 Utilities Other Water Sewer Expense 2000 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Misty Boehmer of Riverside Real Estate Pros (951-777-2811)