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

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    5748 Tilton Avenue, Jurupa Valley, CA 92509
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    5748 Tilton Avenue
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    • MLS#: CV24247904 ( Apartment )
    • Street Address: 5748 Tilton Avenue
    • Viewed: 12
    • Price: $2,950,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1981
    • Bldg sqft: 0
    • Days On Market: 43
    • Additional Information
    • County: RIVERSIDE
    • City: Jurupa Valley
    • Zipcode: 92509
    • Provided by: CB RICHARD ELLIS
    • Contact: ERIC ERIC
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are excited to exclusively present a unique 14 unit multifamily investment opportunity located at 5748 Tilton Avenue in Jurupa Valley, CA. Situated within a short drive of the thriving Downtown Riverside, this property benefits from its strategic position between major thoroughfares Limonite Avenue and Mission Boulevard, as well as its proximity to major freeways (60, 91 and 215). 5748 Tilton Avenue offer investors a rare chance to acquire a superbly maintained and well situated asset in a well sought after neighborhood. 5748 Tilton Avenue consist of 6,882 of rental square feet on a 10,019 square foot lot and features low maintenance landscaping, on site laundry with gated surface parking. Units have been updated and feature fully equipped kitchens with oven ranges, dishwashers, microwaves, ceiling fans, vertical blinds, individual porches and laminate plank wood flooring throughout. Riversides strategic location within Southern California positions it as a compelling destination for working professionals. The citys convenient access to major freeways like the 60, 91, and 215 offers seamless connectivity to Riverside County, San Bernardino County, Los Angeles County, and beyond. This prime location, coupled with a dynamic community, draws a diverse talent pool. Top employers in the healthcare, manufacturing, retail, education and government industries, contribute to Riversides thriving economy. The citys cost of living, while competitive with other Southern California areas, makes it an attractive option for working class professionals seeking a balance between affordability and quality of life. Residents also enjoy easy access to a variety of cultural attractions within a 20 mile radius. These include the Galleria at Tyler, the historic Mission Inn Hotel and Spa, the convenient Downtown Metrolink Station, the iconic Riverside Fox Theatre, Riverside City College, and the prestigious University of California, Riverside. This combination of career opportunities, cultural amenities, and a strategic location makes Riverside a highly sought after place to live and work. 5748 Tilton Avenue is a prime Riverside income producing property and a great long term investment. The property is in a desirable area and offers stability for any type of investor, whether it may be a first time purchaser, seasoned investor, or a 1031 exchange buyer.
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    Features
    Building Area Total
    1. 6882.00
    Carport Spaces
    1. 0.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Electric Expense
    1. 747.00
    Fuel Expense
    1. 2034.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 1500.00
    Heating
    1. Central
    Insurance Expense
    1. 4671.00
    Laundry Features
    1. Common Area
    Levels
    1. Two
    Lot Features
    1. 11-15 Units/Acre
    Netoperatingincome
    1. 157087.00
    Newtaxesexpense
    1. 35145.00
    Number Of Separate Electric Meters
    1. 14
    Number Of Separate Gas Meters
    1. 14
    Otherexpense
    1. 2800.00
    Otherexpensedescription
    1. Reserves
    Parcel Number
    1. 181042009
    Pest Control Expense
    1. 1500.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 9702.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428560428:CRM
    Spa Features
    1. None
    Suppliesexpense
    1. 1787.00
    Totalactualrent
    1. 245352.00
    Totalexpenses
    1. 85457.00
    Trash Expense
    1. 8837.00
    Uncovered Spaces
    1. 16.00
    Vacancyallowance
    1. 7501
    Views
    1. 12
    Water Sewer Expense
    1. 6234.00
    Water Source
    1. Public
    Year Built
    1. 1981
    Year Built Source
    1. Assessor
    Zoning
    1. C-1/C-P
    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