Riverside, CA 92503,9059 Colony Place
Riverside, CA 92503,9059 Colony Place,Video Tour
Riverside, CA 92503,9059 Colony Place
Riverside, CA 92503,9059 Colony Place
Riverside, CA 92503,9059 Colony Place
Riverside, CA 92503,9059 Colony Place
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Listed by Douglas Lee • COMPASS
$ 1,350,000
Est. payment | /mo

3,784 SqFt


$ 1,350,000
Est. payment | /mo

3,784 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,784 sqft

Price per Sqft $356

MLS Listing ID CRAR25048685

HOA Y/N No

Year Built 1978

Lot Size 9,583 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Location

State CA

County Riverside

Interior

Heating None

Cooling Central Air

Flooring See Remarks

Fireplace No

Laundry Community Facility, See Remarks

Exterior

View None

Handicap Access See Remarks

Building

Lot Description Cul-De-Sac, Other, Back Yard

Water Public

Bay East AOR and Contra Costa AOR
agent
Jennifer Seidelman

OR Principal Broker #200602051 & CA Real Estate Broker #01319529

+1(925) 864-2888 | jennifer@jenniferseidelman.com

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9059 Colony Place