3520 Crestmore Road, Jurupa Valley, CA 92509
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- MLS#: CV24251686 ( Apartment )
- Street Address: 3520 Crestmore Road
- Viewed: 1
- Price: $2,050,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1947
- Bldg sqft: 0
- Days On Market: 2
- Additional Information
- County: RIVERSIDE
- City: Jurupa Valley
- Zipcode: 92509
- Provided by: CB RICHARD ELLIS
- Contact: ERIC ERIC
- DMCA Notice
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DescriptionWe are proud to exclusively present a unique 8 unit + 1 non conforming unit multifamily investment opportunity located at 3520 Crestmore Road in Jurupa Valley, CA. Situated just west of the thriving Downtown Riverside, this property benefits from its strategic position north of Mission Avenue and west of the Santa Ana River, as well as its proximity to major freeways (60, 91 and 215). 3520 Crestmore Road offer investors a rare chance to acquire a large, oversized lot comprised of individual bungalow style houses within in a well sought after neighborhood. 3520 Crestmore Road consist of 6,702 rental square feet with an additional 1,200 non conforming rental square feet on a 78,408 square foot lot. The property features low maintenance landscaping, tenant paid for utilities, professional management, ample off street parking, mountain views, and an oversized lot with the potential ability to add Accessory Dwelling Units (buyer to verify with city). Individual units feature a private detached garages (in select units), individual storage units (in select units), in unit washers and dryers, air conditioning and heating, and private fenced in yards. 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.
Property Location and Similar Properties
Features
Building Area Total
- 6702.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Central Air
- Wall/Window Unit(s)
Country
- US
Electric Expense
- 117.50
Flooring
- Tile
- Vinyl
Fuel Expense
- 117.00
Garage Spaces
- 4.00
Gardner Expense
- 1680.00
Heating
- Central
- Wall Furnace
Insurance Expense
- 6000.00
Laundry Features
- Dryer Included
- Inside
- Washer Included
Levels
- One
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 113607.00
Newtaxesexpense
- 22998.00
Otherexpense
- 2000.00
Otherexpensedescription
- Reserves
Parcel Number
- 179320045
Pest Control Expense
- 750.00
Pool Features
- None
Professionalmanagementexpense
- 8413.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 428881825:CRM
Spa Features
- None
Suppliesexpense
- 1470.00
Totalactualrent
- 177120.00
Totalexpenses
- 54657.00
Trash Expense
- 484.00
Vacancyallowance
- 8856
View
- Mountain(s)
Water Sewer Expense
- 484.00
Water Source
- Public
Year Built
- 1947
Year Built Source
- Assessor
Zoning
- A-1