Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    9920 Arlington Avenue, Riverside, CA 92503
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    9920 Arlington Avenue
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    • MLS#: PW23076969 ( Industrial )
    • Street Address: 9920 Arlington Avenue
    • Viewed: 24
    • Price: $4,999,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1970
    • Bldg sqft: 0
    • Days On Market: 657
    • Additional Information
    • County: RIVERSIDE
    • City: Riverside
    • Zipcode: 92503
    • Provided by: Better Homes And Gardens Real Estate
    • Contact: Francisco Francisco
    • DMCA Notice
    • Description
      Excellent Industrial Storage Facilities Consisting of a 5,248 SF Building/warehouse and an 8,000 SF Large Metal Canopy for storage on a 2 acre property. The subject offers plenty of liberty for configurable outdoor space, giving growth options as Owner/User or functioning as an investment property with medium to long term tenants. Since March 2022, the subject has gone through renovations that include: the addition of new asphalt pavement to the yard and parking area, roof replacement, exterior and interior cosmetic building upgrades, new wrought iron fencing, and motorized gates in front for access, new concrete retaining wall and perimeter fencing. The main building consists of 4 office spaces, two restrooms, and 1 Full bath, not to mention the big lunch area with a separate kitchenette, five storage rooms, and warehouse space with a ceiling clearance of 10' to 14'. Another bathroom is located outside the yard to access convenience. It is essential to mention that 12,000 SF of new concrete slab with 4,500 psi was a recent addition to support heavy machinery. The subject will impress with its excellent upkeep, utilities, and surrounding area. Perfect for Investors looking for a low maintenance asset.
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    Features
    Accountingtype
    1. ProForma
    Assetclass
    1. Industrial
    2. Office
    3. Retail
    4. Specialty
    Building Area Total
    1. 5248.00
    Carport Spaces
    1. 3.00
    Commoninterest
    1. None
    Construction Materials
    1. Brick
    2. Drywall Walls
    Cooling
    1. Central Air
    Country
    1. US
    Current Financing
    1. Other
    Current Use
    1. Storage
    Current Use Comments
    1. Storage yard
    Electric
    1. Electricity - On Property
    Electric Expense
    1. 5040.00
    Expense Year
    1. 2022
    Fencing
    1. Block
    2. Electric
    3. Security
    4. Wrought Iron
    Heating
    1. Central
    Industrialtype
    1. Warehouse/Office
    Insurance Expense
    1. 3968.00
    Land Use
    1. Industrial
    2. Office
    3. Other
    Laundry Features
    1. None
    Netoperatingincome
    1. 306288.00
    Otherexpense
    1. 600.00
    Parcel Number
    1. 151020001
    Postalcodeplus4
    1. 1123
    Professionalmanagementexpense
    1. 21000.00
    Property Type
    1. Industrial
    Roof
    1. Composition
    2. Flat
    Security Features
    1. 24 Hour Security
    2. Automatic Gate
    3. Gated Community
    Signage
    1. Sign on Building
    Suppliesexpense
    1. 1800.00
    Totalexpenses
    1. 105312.00
    Trash Expense
    1. 6000.00
    Uncovered Spaces
    1. 10.00
    Utilities
    1. Electricity Connected
    2. Sewer Connected
    3. Water Connected
    Views
    1. 24
    Voltage
    1. 277/480
    Water Sewer Expense
    1. 4560.00
    Water Source
    1. Public
    Year Built
    1. 1970
    Year Built Source
    1. Assessor
    Zoning
    1. BMP
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836