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$18,100,000

Beds
Unknown
sq ft
Unknown

3681 3681 Cranford Ave, Riverside, CA 92507

3681 3681 Cranford Ave

Riverside, CA 92507

  • 10 days on market
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.

Details

Property type

Apartment

Lot size

2.21 acres

Price per sq ft

Unknown

Year built

1965

HOA

No

Price History

11/14/2024
CRMLS

CRMLS #OC24232711

Listed
$18,100,000

Schools & Community

Neighborhood: 

University

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 11/23/2024 at 9:00 PM

Listing updated: 11/14/2024 at 3:19 PM

Listed by: Mark Bridge, Mark Bridge, Broker Phone #: (949) 474-4004

MLS: CRMLS #OC24232711

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