3681 Cranford AVE Active

Riverside,CA 92507

$ 23995000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25062567

Year Built 1965

Lot Size 2 Sqft

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

Area 252 - Riverside

Interior

Heating No Heating

Laundry Laundry Area,Washer/Dryer - Leased

Exterior

Parking Features Assigned Spaces,Carport ,Gate / Door Opener

Garage Spaces 209.0

Pool Community Facility

Building

Story Three or More Stories

Water District - Public

Others

Special Listing Condition Not Applicable

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