CA > Riverside
Riverside, CA 92503,9059 Colony PL
Tracy Baker
Tracy Baker

Agent | License ID: 020877566

+1(619) 507-4230

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$ 1,345,300

$ 1,350,000 0.3%

Est. payment | /mo

9,583 Sqft Lot

$ 1,345,300

$ 1,350,000 0.3%

Est. payment | /mo

9,583 Sqft Lot

Key Details

Sold Price $1,345,300

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR25048685

Year Built 1978

Lot Size 9,583 Sqft

Property Sub-Type Quadruplex

Property Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R3

Interior

Heating None

Cooling Central Air

Flooring See Remarks

Fireplaces Type None

Laundry Common Area, See Remarks

Exterior

Parking Features On Site, Paved, Private, One Space, Uncovered

Fence Wood

Pool None

Community Features Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Building

Lot Description Back Yard, Cul-De-Sac, Rectangular Lot

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Douglas Lee COMPASS 650-279-1212
Bought with Choeun Kem Pacific Delta
Tracy Baker

+1(619) 507-4230

tracy@tracybbaker.com

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