Riverside, CA 92503,9059 Colony PL
Riverside, CA 92503,9059 Colony PL
Riverside, CA 92503,9059 Colony PL
Riverside, CA 92503,9059 Colony PL
Riverside, CA 92503,9059 Colony PL
Riverside, CA 92503,9059 Colony PL
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Listed by Douglas Lee • COMPASS
$ 1,350,000
Est. payment | /mo

9,583 Sqft Lot


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$ 1,350,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRAR25048685

Style Other

Year Built 1978

Lot Size 9,583 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

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

Rooms

Kitchen Refrigerator, Oven - Gas

Interior

Heating No Heating

Cooling Central AC

Flooring Other

Laundry Community Facility

Exterior

Parking Features Private / Exclusive, Common Parking Area, Other, Parking Area, Uncovered Parking

Garage Spaces 8.0

Pool 31, None

View None

Roof Type Composition

Building

Lot Description Corners Marked

Foundation Concrete Slab

Water District - Public

Architectural Style Other

Others

Tax ID 191071007

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

GET MORE INFORMATION

agent
Drew Reid

REALTOR® | Lic# 01332884

+1(408) 515-1362

410 N Santa Cruz Ave, Los Gatos, CA, 95030-5321, USA

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9059 Colony PL