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    2470 Mission Inn Avenue

    Riverside, CA 92507
    • $1,088,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: OC20186482
    UPDATED: 13 min ago
    $1,088,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,562
      SQFT
    • $305
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    New construction duplex in downtown Riverside approx. 2 miles from UC Riverside with one 4 bedroom 3 bath unit and one 3 bedroom 2 bath unit. This fully rented building offers a prospective buyer immediate cash from in a strong rental market in a building where no expense was spared in construction.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T18:32:14.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109810101
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    2470 Mission Inn Avenue Riverside, CA 92507

    • Price: $1,088,000
    • Status: Active
    • Updated: 13 min ago
    • ID#: OC20186482
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,562
    SQFT
    $305
    $/SQFT
    2020
    Built
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    New construction duplex in downtown Riverside approx. 2 miles from UC Riverside with one 4 bedroom 3 bath unit and one 3 bedroom 2 bath unit. This fully rented building offers a prospective buyer immediate cash from in a strong rental market in a building where no expense was spared in construction.
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Builder Lot Size Units Square Feet Parking Features Garage Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Uncovered Spaces 4.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.44 Community Features Urban Country Us Elevation Units Feet Garage Income 0.00 Garage Rental Rate 0.00 Gross Income 64800.00 Gross Multiplier 17.75 Gross Scheduled Income 64800.00 Insurance Expense 1100.00 Land Lease YN No Laundry YN Yes Net Operating Income 51600.00 New Construction YN Yes New Taxes Expense 12100.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 13200.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 5400.00 Total Expenses 13200.00 Trash Expense 0.00 Water Source Public Year Built Source Builder Zoning R1065

    Listing provided courtesy of Parham Khoshbakhtian of Parham Khoshbakhtian, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T18:32:14.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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