3643 Brockton Avenue, Riverside, CA 92501
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- MLS#: IG25056306 ( Multi Family )
- Street Address: 3643 Brockton Avenue
- Viewed: 2
- Price: $2,700,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 0
- Days On Market: 18
- Additional Information
- County: RIVERSIDE
- City: Riverside
- Zipcode: 92501
- Provided by: Elevate Real Estate Agency
- Contact: Tom Tom
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DescriptionGreat opportunity to own a 9 unit fully remodeled cash flow property with adu possibilities * * wonderful location in downtown riverside is minutes to all amenities with the mission inn, shopping, dining, restaurants, entertainment, transportation services and hospital/medical facilities * * this multi family property offers (8) 1 bed/1 bath units and (1) 2 bed/1 bath unit, 4 garages, laundry room and in front parking spaces * * 7 units have been fully remodeled and upgraded with new custom bathrooms, remodeled kitchens with stainless steel appliance package and granite slab counters, new fixtures, updated plumbing, tankless water heaters, mini split heating/ac units & much more * * the (4) garages could be converted to an adu for additional income opportunities * * this is perfect for the savy investor wanting to add to their portfolio * * located on a palm tree lined street, this property exudes curb appeal & charm close proximity to class a buildings further enhances its desirability, ensuring a steady stream of demand from tenants seeking premium accommodations. After an impressive 40 year tenure, this property is now hitting the market, presenting an exceptional opportunity for expansion in the thriving ie market. Seller is motivated!!
Property Location and Similar Properties
Features
Assetclass
- Multi-Family
Building Area Total
- 5019.00
Commoninterest
- None
Construction Materials
- Stucco
Cooling
- Ductless
Country
- US
Current Financing
- Conventional
Electric Expense
- 0.00
Expense Year
- 2024
Heating
- Ductless
- See Remarks
Insurance Expense
- 4500.00
Land Use
- Multi-Family
Laundry Equipment Own Lease
- Own
Laundry Features
- Community
Parcel Number
- 214192007
Professionalmanagementexpense
- 0.00
Property Type
- Multi Family
Residentmanagerexpense
- 0.00
Roof
- Composition
Trash Expense
- 5400.00
Uncovered Spaces
- 8.00
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
Vacancyallowance
- 3697
Water Sewer Expense
- 2400.00
Water Source
- Public
Year Built
- 1961