$520,000

2031 Loma Vista Street

Riverside CA, 92507

Description

Check out this amazing investment opportunity located in the downtown Riverside area! Featuring 3 units, 100% tenant occupied with the most ideal, long term tenants in all 3 of the units making it a great investment from day one! The front unit is a single family home with 3 bedrooms / 1 bath. It has it's own private gated yard, washer and dryer hook ups, and parking for 4+ vehicles in the driveway. The 2nd half of the lot which is separated by a fence is a duplex & each unit is 1 bedroom / 1 bath with their own washer/dryer hookups & gated parking which is accessed through the alley. Each of the 3 units have their own assigned storage unit which is usually perfect for tenants. The owner pays the water bill which averages $70 and the tenants pay everything else including trash. The entire property (Front unit, storage units, & rear duplex) have a newer roof, and fascia boards all the way around. The stucco on the exterior was recently re-done and freshly painted. All of the windows throughout have been replaced with dual pane windows. Plumbing was recently re-done from the street connection to the front unit and the back duplex's. This property is turnkey and ready for the next investor or first time buyer that will live in 1 unit and rent the other two units out!

Details

MLS#CV20229329
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site123

Features

SQ Feet1,800
Units3
Building(s)1

Market Activity 92507

Loading Form
Loading Form
Area Information
StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 - Riverside
Listing VS Median (in 92507)
Price:
$520,000
low | high
Med:
$420,000
69.230769230769% of Average
SqFt:
1,800
low | high
Med:
1,150
86.111111111111% of Average
$ / SqFt:
$289
low | high
Med:
$365
23.578595317726% of Average
On Site:
123
low | high
Med:
211
58.293838862559% of Average
Sourced by Back At You
Listing Updated: January 7, 2021 3:23:14 PM PST
ANTHONY TAFESH LogoMLS Number: CV20229329
Listing Provided By:
ANTHONY TAFESH  of  KELLER WILLIAMS SIGNATURE RLTY
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.