3717 Roosevelt St., Riverside, CA 92503 - CV24055922 - iPro Real Estate

3717 Roosevelt St.
Riverside, CA 92503

Active, Multi-Family/Income Sale

For Sale

$950,000 $103.85 per sqft

Free Professional CMA

Listing ID : CV24055922

  • Lot Size

    9,148 Sqft
  • Year

    1966

Description

Portfolio Sale Opportunity: This property is available for Individual Purchase or as part of a Portfolio Sale with 394 W. 17th Street, San Bernardino and 27205 Main Street, Highland. We are proud to present an exceptional opportunity to acquire a well-maintained 3+1 unit property located at 3717 Roosevelt Street in Riverside. This 2,764 SF building sits on a generous 9,148 SF lot and is conveniently located near the intersection of Magnolia Avenue and Van Buren Boulevard. The property boasts a convenient location within walking distance of the Arlington Library and is within a close proximity to popular destinations like the Tyler Galleria Mall, Cal Baptist University and La Sierra University with easy access to the 91 Freeway, La Sierra Metrolink train station, Downtown Riverside, and a variety of shopping centers, restaurants, and retailers, all just a short distance away. Showcasing mature and lush landscaping, 3717 Roosevelt resides on a palm tree-lined street. The property features surface vehicle parking and ample street parking. Some units have been updated and feature kitchens with appliances, tile flooring throughout, wall air conditioning and heating, security screen doors, ceiling fans and private patios, porches and front and back yards. Neighboring cities include

Details

Type: Multi-Family/Income Sale 
Subdivision: 252 - Riverside 
County: Riverside 
Tax ID: 234112013
Cap Rate: 5.28% 
Gross Rent Multiplier: 12.69 
Days on Market: 28 
AltCal ID: CRCV24055922 
Laundry: Gas Hookup, 30 
Number of Buildings: 2 
Number of Units: 4 
Parking Spaces: 6 
Property Type: Commercial Sale 
Sub Type: Fourplex 
Water: District - Public 

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Interactive

33.918388 -117.446503 $950,000 CV24055922
3717 Roosevelt St., Riverside, CA 92503
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Listed by ERIC CHEN with CB RICHARD ELLIS

Based on information from the MLSListings MLS) as of 4/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 4/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes