4641 4645 Arlington Avenue, Riverside, CA 92504

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Property Description

Trust sale – First time on market in decades. 44 unit multifamily complex minutes from the 91 freeway and downtown Riverside. Income growth opportunity, tenant repositioning opportunity. The 91 freeway corridor is one of the fastest growing markets in southern California. Gross income has increased each year from 2022, 2023 and on track for 2024 gross income increase by $90,000. Tenant pays gas, electricity, internet. Two building and two APNs. Property is sold in As Is condition, seller will not make any repairs.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 4641 4645 Arlington Avenue
City Riverside
State CA
Zip 92504
County Riverside
Listing Agent Todd Wohl DRE #01912556
Courtesy Of Premiere Estates International Real Estate
List Price $11,000,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 67,860
Year Built 1967

Listing information courtesy of: Todd Wohl, Premiere Estates International Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.