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    3080 Lemon

    Riverside, CA 92501
    • $728,000
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • ID#: TR21015345
    Under Contract
    UPDATED: 31 min ago
    $728,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,120
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    **RARE INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE! Total 4 units located in 2 buildings, each unit is one bedroom, and each building has 2 units. Spacious yard spaces between the 2 buildings. Font building is single story with additional laundry room, back building is two stories with downstairs are 4 garages for each unit. All 4 units got remodeled along with the tenant changing during these recent 4 years. ALL 4 unites are currently leased by tenants, which create CASH FLOW right away. Conveniently located in the downtown business district near city hall, Riverside court, Center for Social Justice & Civil Liberties, Riverside Community Hospital, Riverside Municipal Auditorium, Evergreen Memorial Park & Museum, Evans Park, Marriott, Mission Inn Hotel & Spa, Riverside Convention Center, Riverside Park & recreation. WONT LAST!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-28T15:27:53.293. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/113588803
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    3080 Lemon Riverside, CA 92501

    • Price: $728,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: TR21015345
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,120
    SQFT
    $233
    $/SQFT
    1914
    Built
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    **RARE INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE! Total 4 units located in 2 buildings, each unit is one bedroom, and each building has 2 units. Spacious yard spaces between the 2 buildings. Font building is single story with additional laundry room, back building is two stories with downstairs are 4 garages for each unit. All 4 units got remodeled along with the tenant changing during these recent 4 years. ALL 4 unites are currently leased by tenants, which create CASH FLOW right away. Conveniently located in the downtown business district near city hall, Riverside court, Center for Social Justice & Civil Liberties, Riverside Community Hospital, Riverside Municipal Auditorium, Evergreen Memorial Park & Museum, Evans Park, Marriott, Mission Inn Hotel & Spa, Riverside Convention Center, Riverside Park & recreation. WONT LAST!
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Laundry Features Common AreaIndividual Room Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 960.00 Gross Income 54360.00 Gross Scheduled Income 54360.00 Insurance Expense 2100.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 49600.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number Wall AC 4 Operating Expense 4760.00 Professional Management Expense 3804.00 Rent Control YN Yes Senior Community YN Yes Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 4.00 Total Expenses 4764.00 Trash Expense 0.00 Water Sewer Expense 320.00 Water Source Public Year Built Source Other

    Listing provided courtesy of Sunny Sheng of Re/Max Universal Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-28T15:27:53.293. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.

     
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    Zen Ziejewski and Team | Keller Williams Realty
    27101 Puerta Real #150
    Mission Viejo CA, 92691