9059 Colony PL Active

Riverside,CA 92503

$ 1350000

- Bed

- Bath

3784 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,784 sqft

Price per Sqft $356

MLS Listing ID AR25048685

Style See Remarks

Construction Status Turnkey

HOA Y/N No

Year Built 1978

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Quadruplex

Property Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R3

Rooms

Other Rooms All Bedrooms Down

Interior

Interior Features Unfurnished

Heating None

Cooling Central Air

Flooring See Remarks

Fireplaces Type None

Appliance Gas Oven,Refrigerator

Laundry Community,See Remarks

Exterior

Parking Features Paved,On Site,Parking Space,Private,Uncovered

Fence Wood

Pool None

Community Features Sidewalks,Suburban

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

View None

Roof Type Composition

Handicap Access See Remarks

Private Pool No

Building

Lot Description Back Yard,Cul-De-Sac,Rectangular Lot

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=yGFPrUhyGQF&brand=0

Lease Land No

Confidential INFO

TERMS 1031 Exchange,Cal Vet Loan,Cash,Cash To Existing Loan,Cash To New Loan,Contract,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Other

SHOW CONTACT NAME Sharon

SHOW CONTACT PH 626-808-6550

SHOW INSTRUCTIONS Please show during the open houses. Because it is tenant occupied, it is hard to coordinate private showings. Be sure to review the 3D Matterport tours prior. Click on the supplements to see the links to each unit. Prospective buyers will be required to confirm they have read through all the supplements and seen the 3D tours before scheduling a tour.

View More
Favorite Go Tour