Homes for sale - 1480 7th ST, Riverside, CA 92507

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jonathan Mitchell • Kidder Mathews of California, Inc

$5,995,000

Est. payment - /mo

0.82 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26008212

Year Built 1971

Lot Size 0.820 Acres

Source California Regional MLS

Property Description

Built in 1977, The Normandy Apartments consist of approximately 22,798 of rentable square feet and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 bedroom, and 1 bedroom units. The property is situated on approximately 0.82 acres of land that include tuck under parking, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms & sparkling pool. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the "heavy lifting" is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 10% realistic rental upside.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating No Heating

Laundry Laundry Area, Washer/Dryer - Leased, Community Facility

Exterior

Parking Features Assigned Spaces

Garage Spaces 50.0

Pool Community Facility

Building

Water District - Public

Others

Tax ID 250190014

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1480 7th ST Riverside, CA 92507

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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