Riverside, CA 92507,3681 Cranford Ave
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Riverside, CA 92507,3681 Cranford Ave
Riverside, CA 92507,3681 Cranford Ave
Riverside, CA 92507,3681 Cranford Ave
Riverside, CA 92507,3681 Cranford Ave
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$ 18,100,000
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3681 Cranford Ave Riverside, CA 92507

70,160 SqFt


UPDATED:

12/23/2024 06:38 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 70,160 sqft

Price per Sqft $257

MLS Listing ID CROC24232711

HOA Y/N No

Year Built 1965

Lot Size 2.210 Acres

Acres 2.21

Property Description

This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda. University Gardens (88 units) is located in the robust rental market of Riverside, California. Built in 1965 the property consist of approximately 67,000 of rentable square feet and is in good condition since the current ownership has made several recent significant renovations to the interiors & exteriors. The balanced unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 2.2 acres of land that include tuck under parking, carports, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental office. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity.

Location

State CA

County Riverside

Area Listing

Interior

Fireplace No

Laundry Community Facility

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 250170037


Bridge MLS
Listed by Mark Bridge • Mark Bridge, Broker

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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3681 Cranford Ave