Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
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$22,599,000
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89,517 SqFt
Active

3681 Cranford Avenue Riverside, CA 92507

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 89,517 sqft

Price per Sqft $252

MLS Listing ID CROC25062567

HOA Y/N No

Year Built 1965

Lot Size 2.990 Acres

Acres 2.99

Property Sub-Type Other

Property Description

Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental of?ce. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.

Location

State CA

County Riverside

Interior

Heating None

Fireplace No

Laundry Other

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 250170037


Bridge MLS
Listed by Jonathan Mitchell • Kidder Mathews of California, Inc

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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3681 Cranford Avenue