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$1,680,000
3761 Harvill Lane
Riverside, CA 92503
14 Beds   11 Baths
7,620 SqFt
10,018.80 SqFt Lot
0.2300 Acres
Multi-Family


Status:Active
8 units townhouse-style apartment in corona submarket (riverside address)! Located in a quiet residential area by the intersection of mckinley street and magnolia avenue, minutes walk to villegas middle school, university of riverside, la sierra university, walmart supercenter, costco wholesale, and 99 rancho market. This investment offers an impressive cap rate of +/-4. 49% current / +/-5. 86% pro-forma, with approx. 20% upside in rental income. Property sold "as-is" in its present condition, seller will not pay or make any repairs/replacements. Drive-by only, please do not disturb tenants. 3761 harvill lane has a total building size of +/-7,620 sf, sitting on a +/-10,176 sf lot. The property offers an excellent unit mix of (2) 3 bed / 3 bath (townhouse-style), (2) 2 bed / 1 bath (townhouse-style), and (4) 1 bed / 1 bath. The units are spacious, with estimated 1,270 sf 3-bedroom, 1,020 sf 2-bedroom, 760 sf 1-bedroom units. The townhouse-style units have outdoor patios. There is a total of 14 parking spaces, consists of 10 garages and 4 open spaces. Features include granite countertops, new piping throughout, new exterior paint and woodworking. Buyer to verify all information herein. Broker/agent and seller does not guarantee its accuracy.
Basics
Property Type:   Multi-Family
Bedrooms:   14
Baths:   11
Living Space:   7,620 SqFt
Lot Size:   10,018.80 SqFt Lot
Lot Acres:   0.2300 Acres
Year Built:   1975
Neighborhood:   Riverside
MLS#:   820001596
     
Home Features
Central Air
Ceramic Tile Floor
Two+ Story
Wall To Wall Carpet
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Listing Agent: Tzu-Ning Chang    Listing Broker: Keller Williams Realty    Agent Phone: 6264912668    Broker Phone: 6262043300   

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