$739,900

4040 4th Street

Riverside CA, 92501

Description

INCREDIBLE VALUE ADD OPPORTUNITY! LOCATED IN THE HEART OF DOWNTOWN RIVERSIDE AND IN THE WALK-ZONE! CURRENTLY 8 UNITS TOTAL - 6 UNITS IN THE MAIN HOUSE & 2 UNITS IN THE REAR. EACH WITH BATHROOM. PROPERTY IS COMPRISED OF 3 SEPARATE HOUSES ON ONE LOT. EACH HOUSE HAS ITS OWN ADDRESS, ELECTRICITY AND GAS METERS. COVERED LAUNDRY AREA. GARAGE IS BEING USED AS STORAGE. CLOSE TO AMENITIES, 5-MINUTE WALK TO DOWNTOWN RIVERSIDE, AND HIGH RENTAL DEMAND. 3 UNITS CURRENTLY VACANT DUE TO REMODELING. PROPERTY TO BE SOLD AS-IS.

Details

MLS#EV19242275
Sub-TypeResale
StatusPending - Show
Year1917
Days On Site59

Features

SQ Feet4,041
Units8
Building(s)1

Market Activity 92501

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Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92501
Area252 - Riverside
Listing VS Median (in 92501)
Price:
$739,900
low | high
Med:
$380,000
98.641708338965% of Average
SqFt:
4,041
low | high
Med:
1,668
100% of Average
$ / SqFt:
$183
low | high
Med:
$228
25.576225058607% of Average
On Site:
59
low | high
Med:
15
100% of Average
Listing Updated: 12/10/2019
MLS Number: EV19242275
Listing Provided By:
CHARLES OBICHANG  of  KELLER WILLIAMS 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.