Real Estate Specialist
Kabir Masud
626-774-5330626-774-5330

412 Glen Avenue, Riverside, CA 92507 (MLS # TR19008874)

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PRICE $960,000
BEDS n/a
BATHS 0 baths
HOME SIZE 4,925 sq ft
LOT SIZE 17,424 sqft

A Fantastic Investment Cash Flow property in Riverside, Highgrove Area. 412 Glen Ave., Riverside is an 8-Unit Apartment Complex, comprised of 2 structures. Very attractive unit mix with 1 unit – 2 Bedroom, 7 units – 1 Bedroom. This is an extremely rare investment offer. Great cash flow. Huge upside in Rent (Approx. 15% upside in rent. Stabilized CAP Rate is over 6.18%). Total Building size of 4,925 Rentable SF. and 17,424 SF. Lot Size. Large Courtyard. All units are individually metered for electricity and gas. 8 individual water heaters. Assigned 8 Carport parking space for all units. Well maintained property. High rental demand area with very low vacancy rate. Conveniently located near the 215 Freeway. Rents are currently below market with significant upside in this Non-Rent Control area. Adjacent properties: 1175 Villa St., 1190 Villa St. and 411 Pacific Ave. are also for sale. All properties can be purchased together or separately.

DAYS ON MARKET 7 LAST UPDATED 1/17/2019
YEAR BUILT 1950 COMMUNITY Riverside
COUNTY Riverside TOTAL PARKING 8
STATUS Active PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
APPLIANCES Gas Stove, Gas Water Heater
BUILDINGAREAUNITS Square Feet
CARPORTSPACES 8.00
COLISTAGENTFIRSTNAME Peggy
COLISTAGENTLASTNAME Hsiao
COLISTAGENTSTATELICENSE 01440448
COLISTOFFICENAME Coldwell Banker George Realty
COMMONWALLS No Common Walls
COMMUNITYFEATURES Sidewalks
ELEVATIONUNITS Feet
FLOORING Tile
GARAGESPACES 0.00
HEATING Wall Heater
LANDLEASEYN 0
LAUNDRYFEATURES See Remarks
LEVELS One
LISTAGENTSTATELICENSE 01720786
LOTFEATURES Lot 10000-19999 Sqft
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 252 - Riverside
PARCELNUMBER 247102006
PARKINGFEATURES Assigned, Carport
POOLFEATURES None
PRICEPERSQUAREFOOT 194.92
PROPERTYSUBTYPE Apartment
PROPERTYTYPE Residential Income
ROOF Composition
SECURITYFEATURES Gated Community
SEWER Conventional Septic
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER 423.00
UTILITIES Electricity Available, Natural Gas Available, Phone Available
VIEW Mountain
WATERSOURCE Public

ZESTIMATE
412 Glen Avenue, Riverside, CA

RENT ZESTIMATE
$ / mo.  412 Glen Avenue, Riverside, CA

50 Car-Dependent



 
CONTACT US ABOUT 412 GLEN AVENUE
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Listing provided by : Kevin Lee License # 01720786, Coldwell Banker George Realty Co-Listed with Peggy Hsiao License # 01440448, Coldwell Banker George Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 1/17/19 6:06 PM PST and /or other sources. 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