Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    5666 Lexington Avenue 1
    1541 Summitridge Drive
    30958 San Gabriel Circle
    4641 Arlington Avenue, Riverside, CA 92504
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    4. 4641 Arlington Avenue, Riverside, CA 92504
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    4641 Arlington Avenue
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    • MLS#: SB24174317 ( Apartment )
    • Street Address: 4641 Arlington Avenue
    • Viewed: 19
    • Price: $11,000,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1967
    • Bldg sqft: 0
    • Days On Market: 122
    • Additional Information
    • County: RIVERSIDE
    • City: Riverside
    • Zipcode: 92504
    • Provided by: Premiere Estates International Real Estate
    • Contact: Todd Todd
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Trust sale First time on market in decades. 44 unit multifamily complex minutes from the 91 freeway and downtown Riverside. Income growth opportunity, tenant repositioning opportunity. The 91 freeway corridor is one of the fastest growing markets in southern California. Gross income has increased each year from 2022, 2023 and on track for 2024 gross income increase by $90,000. Tenant pays gas, electricity, internet. Two building and two APNs. Property is sold in As Is condition, seller will not make any repairs.
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    Property Location and Similar Properties
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    Features
    Additional Parcels Description
    1. 226210020
    Assessments
    1. None
    Association Fee
    1. 0.00
    Building Area Total
    1. 33884.00
    Carport Spaces
    1. 25.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Days On Market
    1. 45
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 4.00
    Insurance Expense
    1. 0.00
    Laundry Features
    1. Common Area
    Lockboxtype
    1. None
    Lot Features
    1. Lawn
    Netoperatingincome
    1. 483000.00
    Number Of Separate Electric Meters
    1. 44
    Number Of Separate Gas Meters
    1. 44
    Parcel Number
    1. 226210019
    Parking Features
    1. Carport
    2. Driveway
    3. Garage
    Pool Features
    1. Private
    2. Fenced
    3. In Ground
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 421608376:CRM
    Tenant Pays
    1. Sewer
    2. Trash Collection
    3. Water
    Totalexpenses
    1. 280000.00
    Trash Expense
    1. 0.00
    Uncovered Spaces
    1. 14.00
    Views
    1. 19
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1967
    Year Built Source
    1. Appraiser
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    1. Silva Babaian / Realtor
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    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836