Riverside, CA 92507,1789 7th Street
Riverside, CA 92507,1789 7th Street
Riverside, CA 92507,1789 7th Street
$6,150,000
Est. payment /mo
$6,500,000
5.4%
Est.Price: ?

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3 Beds
5 Baths
0.71 Acres Lot
SOLD DATE : 05/16/2024

Key Details

Sold Price $6,150,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24032554

Sold Date 05/16/24

Bedrooms 3

HOA Y/N No

Lot Size 0.710 Acres

Property Description

We are pleased to present the opportunity to acquire Sandra's Apartments located at 1789 7th Street in the city of Riverside. The property building size totals 19,800 SF and is situated on a well-maintained 30,928 square feet lot. Sandra's Apartments are conveniently located minutes away from Downtown Riverside and its cross streets are Chicago Avenue and Ottawa Avenue. The property offers convenient access to the University of California, Riverside, the Downtown Metrolink rail station, pharmacies, markets, banks, restaurants, and other popular retailers all within a short distance. Sandra's Apartments feature mature landscaping with a gated pool and courtyard. The property also has secured gated entry, on-site laundry facility, tuck-under parking, surface vehicle parking, and ample street parking. The units feature fully equipped kitchens with appliances, wood-looking vinyl plank and tile flooring, ceiling fans, vertical blinds, and wall air conditioning and heating. The property offers convenient access to the 91, 15, 215 and 60 freeways connecting to San Bernardino, Orange, and Los Angeles Counties. Neighboring cities include Moreno Valley, Corona and San Bernardino. Significant local landmarks within a 20-mile radius include: Castle Amusement Park, Riverside Art Museum, Fox Performing Arts Center, the Galleria at Tyler, Fairmount Park, Mount Rubidoux Park, Riverside Municipal Auditorium, UC Riverside Botanic Gardens and the historic Mission Inn Hotel & Spa. The Sandra's Apartments is a prime Riverside income-producing property and a great long-term investment. The pro
We are pleased to present the opportunity to acquire Sandra's Apartments located at 1789 7th Street in the city of Riverside. The property building size totals 19,800 SF and is situated on a well-maintained 30,928 square feet lot. Sandra's Apartments are conveniently located minutes away from Downtown Riverside and its cross streets are Chicago Avenue and Ottawa Avenue. The property offers convenient access to the University of California, Riverside, the Downtown Metrolink rail station, pharmacies, markets, banks, restaurants, and other popular retailers all within a short distance. Sandra's Apartments feature mature landscaping with a gated pool and courtyard. The property also has secured gated entry, on-site laundry facility, tuck-under parking, surface vehicle parking, and ample street parking. The units feature fully equipped kitchens with appliances, wood-looking vinyl plank and tile flooring, ceiling fans, vertical blinds, and wall air conditioning and heating. The property offers convenient access to the 91, 15, 215 and 60 freeways connecting to San Bernardino, Orange, and Los Angeles Counties. Neighboring cities include Moreno Valley, Corona and San Bernardino. Significant local landmarks within a 20-mile radius include: Castle Amusement Park, Riverside Art Museum, Fox Performing Arts Center, the Galleria at Tyler, Fairmount Park, Mount Rubidoux Park, Riverside Municipal Auditorium, UC Riverside Botanic Gardens and the historic Mission Inn Hotel & Spa. The Sandra's Apartments is a prime Riverside income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Location

State CA

County Riverside

Area Riv Cty-Riverside (92507)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Pool Community/Common

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $71

Acceptable Financing Cash

Space Rent $772

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by ERIC CHEN • CB RICHARD ELLIS
Bought with ERIC CHEN • CB RICHARD ELLIS
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