Property Detail

Description

EXCELLENT INVESTMENT OPPORTUNITY - 8 UNITS IN PRIME RIVERSIDE LOCATION! This well-maitained property featured 8 STUDIO UNITS, EACH WITH 1 BATH, and is FULLY ACCUPAIED WITH GOOD, STABLE TENANTS, PROVIDING IMMIDIATE RENTAL INCOME FOR THE NEW OWNER, Coveniently located just minutes from DOWNTOWN RIVERSIDE and near the iconic Mission Inn Hotel & Spa area, the property offers easy access to major shopping centers, dining, and entertainment. Commuters will appriciate the close proximity to the 91, 60, 15 and 215 freeways. Ideal for an investor or as part a 1031 exchange, this property also offers strong upside potential, including the possiblity for ADU development (Buyer to verify with city).PLEASE NOTE, THIS PROPERTY HAS 2 SEPARATE APN#: 411 WITH 4 UNITS AND APN #214-102-005 & 413 WITH 4 UNITS WITH APN#241-102-004, This total 8 units are UNDER THE POSTAL ADDRESS OF 411-413 GLEN ST. Riverside and both ARE REGISTERED ON THE TITLE REPORT as one commercial property.