5746 Tilton Ave - Apartments FOR SALE


Jurupa Valley, CA 92509
$3,150,000 USD
714-713-9086
5746 Tilton Ave, Jurupa Valley, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/22
null | 5.5% Cap Rate

5746 Tilton Ave
Jurupa Valley, CA 92509


HIGHLIGHTS

  • Built in 1981, 5746 Tilton Avenue Features a Mix of 1, Studio Unit & 13, One-Bedroom Units
  • Attractive Interior Upgrades Including Vinyl & Tile Flooring, Quartz Countertops, & More
  • Multiple Parcels Measuring a Combined 0.50-Acres
  • Parcels Allow for Potential Cash Flowing Improvements Including Construction of Additional Units or Private Storage Units
  • Desirable Amenities Including On-Site Laundry Facility, Gated Access, & Ample Surface Parking
  • Situated Just Over 2 Miles from Downtown Riverside, Providing Residents with Easy Access to the Cultural Hub of the Inland Empire

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present 5746 Tilton Avenue, a 14-unit multifamily investment opportunity located in Jurupa Valley, CA. This is the first time the property has been offered for sale in more than a decade. The offering consists of two contiguous parcels measuring a combined 0.50-acres, featuring a 6,424 square foot, 1981 constructed, two-story building. The property offers 1, studio unit and 13, one-bedroom units with desirable amenities including ample gated surface parking, low-upkeep landscaping, and an on-site laundry facility. Situated just south of Mission Boulevard, 5746 Tilton Avenue offers resident’s easy access to the popular shops, restaurants, and entertainment destinations throughout Downtown Riverside including the Mission Inn & the Fox Performing Arts Center. The property also provides easy access to schools and museums including West Riverside Elementary School, Rubidoux High School, & the Riverside Art Museum. Furthermore, the property’s proximity to State Route 60 provides residents with convenient access to employment hubs and entertainment destinations throughout Southern California. In summary, 5746 Tilton Avenue’s desirable location offers residents access to a wide variety of employment, entertainment, transportation, and retail amenities, all of which will help attract a diverse renter pool. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

14

PRICE/UNIT

$225,000

CAP RATE

5.5%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

R-3-4000

APN/PARCEL ID

181-043-010,181-043-011

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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