Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
Riverside, CA 92507,3681 Cranford Avenue
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$ 17,599,000
Est. payment | /mo

3 Beds

4 Baths

2.99 Acres Lot


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$ 17,599,000
Est. payment | /mo
Save

3 Beds

4 Baths

2.99 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26004201

Bedrooms 3

Lot Size 2.990 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Built in 1964, The University Gardens consist of approximately 67,202 of rentable square feet and is in good condition since the current ownership has made several recent renovations to the interiors & exteriors. The unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 3 acres of land that includes tuck under parking, carports, open on-site parking in addition to street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental office. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting & ceiling fans throughout. Most of the heavy lifting is almost complete and should appeal to an investor looking for an asset surrounded by tremendous job opportunity and 10% realistic rental upside. Priced way below replacement cost (under $262 per foot) & less than 1.5 miles from 91 and 215 freeways. Earthquake retrofit and seismic upgrades have been made & all newer roofs and rain gutters.

Location

State CA

County Riverside

Zoning Public Rec

Direction Southeast of 91 Fwy off University

Interior

Cooling Wall/Window

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 250170037

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Jonathan Mitchell Kidder Mathews of California, Inc
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Riverside STEM Academy

    Public | 5 - 9

  • 7

    Pachappa Elementary School

    Public | KG - 6

  • 7

    Riverside Virtual

    Public | KG - 12

  • 6

    Reach Leadership Academy

    Public | KG - 6

  • 5

    Bryant Elementary School

    Public | KG - 6

  • 5

    Patricia Beatty Elementary School

    Public | KG - 6

  • 5

    Alcott Elementary School

    Public | KG - 6

  • 5

    Fremont Elementary School

    Public | KG - 6

  • 5

    Longfellow Elementary School

    Public | KG - 6

  • 5

    Emerson Elementary School

    Public | KG - 6

  • 5

    Castle View Elementary School

    Public | KG - 6

  • 4

    Washington Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 4

    Highgrove Elementary School

    Public | KG - 6

  • 3

    Central Middle School

    Public | 5 - 8

  • 1

    California School for the Deaf-Riverside

    Public | KG - 12

  • 1

    Riverside County Special Education

    Public | KG - 12

  • 1

    Highland Elementary School

    Public | KG - 6

  • 0

    All Saints Carden Academy

    Private | KG - 7

  • 0

    Montessori Academy

    Private | PK - 3

Middle Schools 4
  • 5

    Matthew Gage Middle School

    Public | 7 - 8

  • 4

    University Heights Middle School

    Public | 7 - 8

  • 0

    Riverside County Community

    Public | 7 - 12

  • 0

    Opportunity Program

    Public | 7 - 12

High Schools 10
  • 6

    Polytechnic High School

    Public | 9 - 12

  • 5

    Grand Terrace High School at The Ray Abril Jr. Educational Complex

    Public | 9 - 12

  • 4

    John W. North High School

    Public | 9 - 12

  • 1

    Gateway College and Career Academy

    Public | 10 - 12

  • 1

    Come Back Kids

    Public | 9 - 12

  • 0

    Gateway to College Early College High School

    Public | 9 - 12

  • 0

    Riverside County Regional Occupational Program

    Public | 9 - 12

  • 0

    Raincross High (Continuation)

    Public | 9 - 12

  • 0

    Abraham Lincoln Continuation

    Public | 9 - 12

  • 0

    Oxford-Riverside Academy

    Private | 9 - 12

School and business data provided by Attom Data.
Christian Task

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 910-8642

ctaskre@gmail.com

P.O. Box 663, Sunset Beach, California, 90742, USA

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3681 Cranford Avenue