$829,888

1196 Fountain Street

Riverside CA, 92507

Description

This is an excellent opportunity for the right investor. It's a very excellent location is perfectly situated near the 215 & 60 FWY. The property consists of a very attractive unit mix with 4 2Bedroom + 1Bathroom units perched behind a satisfactory 4-unit carport. Nestled off the 215 FWY in between the 10 & 60 FWY, this property is very commuter-friendly. Just 3 miles from the University of California of Riverside, this is a highly desirable rental area. This is an extremely rare investment that features amazing upside potential with all units individually metered for electricity and gas. Great additional parking in the front of the building. The property is located 3 miles from the University of California Riverside (UCR) while also only less than a mile from the Grand Terrace High School. The property is strategically situated between Downtown Riverside & the upcoming city of Grand Terrace. Right off the 215 FWY in between the 10 & 60 FWY, this property is very commuter-friendly. The property does have a septic tank system. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. The buyer is advised to independently verify the accuracy of all information and condition of the property through personal inspection and with appropriate professionals. All 4 of the units have been remodeled.

Details

MLS#CV20238131
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site13

Features

SQ Feet3,540
Units4
Building(s)1

Market Activity 92507

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Area Information
StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 - Riverside
Listing VS Median (in 92507)
Price:
$829,888
low | high
Med:
$439,900
96.992847227578% of Average
SqFt:
3,540
low | high
Med:
1,605
100% of Average
$ / SqFt:
$234
low | high
Med:
$274
33.087027529985% of Average
On Site:
13
low | high
Med:
1
100% of Average
Listing Updated: November 25, 2020 3:19:46 AM PST
ARTHUR DRESCH LogoMLS Number: CV20238131
Listing Provided By:
ARTHUR DRESCH  of  ARTHUR DRESCH REALTY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.