4631 Hedrick Ave - Apartments FOR SALE


Riverside, CA 92505- La Sierra
$10,920,000 USD
909-815-7324
4631 Hedrick Ave, Riverside, CA for Sale
$10,920,000 USD
Apartments - FOR SALE
1/10
null | 5.17% Cap Rate

4631 Hedrick Ave
Riverside, CA 92505
La Sierra


OVERVIEW

CBRE is pleased to present The Hedrick Apartments, located at 4631 Hedrick Avenue in Riverside, CA. This property consists of 42 charming units in a gated community. The unit mix consists of (25) 1 Bedroom | 1 Bathroom Units, and (17) 2 Bedroom 2 Bathroom units, with a total building size of ± 32,200 square feet. This property provides several amenities which includes ample parking, laundry facilities, and a sparkling pool. Situated in the La Sierra neighborhood, the apartments are conveniently close to La Sierra University, the Galleria at Tyler, and major freeways like the 91 and I-15. The area is known for its vibrant university-town atmosphere, with plenty of shopping, dining, and recreational options nearby. Hedrick Apartments provides a comfortable and affordable living option in one of Riverside’s most accessible and lively neighborhoods.

FOR SALE DETAILS

PRICE

$10,920,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

42

PRICE/UNIT

$260,000

CAP RATE

5.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vista Grande West Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

R1, Riverside

APN/PARCEL ID

143-052-001

ASK ABOUT THIS PROPERTY

Cray CarlsonCBRE, Inc.More Info
909-815-7324

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Cray CarlsonCBRE, Inc.More Info
909-815-7324

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