Property Detail

4641 arlington

Riverside CA 92504

$11,000,000

Status: Active

Property Details

Description

Trust sale – First time on market in decades. 44 unit multifamily complex minutes from the 91 freeway and downtown Riverside. Income growth opportunity, tenant repositioning opportunity. The 91 freeway corridor is one of the fastest growing markets in southern California. Gross income has increased each year from 2022, 2023 and on track for 2024 gross income increase by $90,000. Tenant pays gas, electricity, internet. Two building and two APNs. Property is sold in As Is condition, seller will not make any repairs.

Map Location

Listing provided courtesy of Todd Wohl of Premiere Estates International Real Estate. Last updated 2024-11-22 09:11:45.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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