1935 W Linden St - Apartments FOR SALE


Riverside, CA 92507- Eastside
$2,850,000 USD
714-448-4300
1935 W Linden St, Riverside, CA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/34
null | 5.92% Cap Rate

1935 W Linden St
Riverside, CA 92507
Eastside


HIGHLIGHTS

  • HISTORICAL 100% OCCUPANCY WITH GREAT STABLE CASHFLOW
  • QUIET RESIDENTIAL NEIGHBORHOOD WITH IN FIVE MINUTES FROM UCR
  • GATED WITH FRONT WELL MAINTAINED LAWN, CARPORTS/OPEN PARKING
  • EASE OF MANAGEMENT WITH LONG TERM TENANTS
  • MONTH TO MONTH LEASES WITH FELXIBILITY FOR FURTHER IMMEDITE RENT GROWTH
  • GREAT VISIBILITY WITH CORNER LOCATION

OVERVIEW

Great stable and well maintained 12U in the heart of Riverside about a 5 minute drive from UCR. Property has historically 100% occupancy with consistent cashflow. Long term tenants with ease of management. carports & open parking, gated community with front lawn, and laundry facility. Property is located in the quiet neighborhood of Riverside with several other multifamily properties, single family homes and new/old industrial buildings. There is a park right across the property and schools close by. Centrally located close to 91Fwy, restaurants, and shopping.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$328 USD /SF

# OF UNITS

12

PRICE/UNIT

$237,500

CAP RATE

5.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Fuente Apts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R3, Riverside

APN/PARCEL ID

211-111-043

ASK ABOUT THIS PROPERTY

Azhar SabirHT VENTURES, INC, Raja RealtyMore Info
714-448-4300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Azhar SabirHT VENTURES, INC, Raja RealtyMore Info
714-448-4300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.