Real Estate For Sale in...
 

4075 4055 Briggs Street, Riverside, CA 92509

$4,935,000
Commercial Property MLS# CV17099463 ID: 45118304
$4,935,000 Get Rates

PRICE REDUCTION: This sale includes two separate parcels and two different address. Building # 4075 has a total of 23 units and #4055 has a total of 24 units. Both properties to be sold as a package. The two properties are separated by a public alley. Mangers unit is located at 4075. Property is managed by hands on owners and a well taken care of property. Property is fully occupied and units rent out very quickly if there is a vacancy. There is an upside on raising rents, current market rents in the area for one bedroom units are as high as $900 per month. Property is well located close to shopping and post office. A brand new affordable apartment complex is be constructed next door with 2 & 3 bedroom units, which will be an added asset to the subject property. The unit mix is 44 one bedrooms and 3 studio apartments. All units have central heat and air conditioning, gas stoves, dishwashers and disposals. All units are have separate gas and electric meters. Hot water and trash is supplied by owner. There is two laundry locations for each property. The washer and dryers units are leased on a month to month agreement. A total of 59 onsite parking spaces with one handicap space.

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Location Information near 4075 4055 Briggs Street
Offered by Rick Peterson at MR. REAL ESTATE

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Property Features for 4075 4055 Briggs Street
Status
Market Status
Available
Last Updated
August 22, 2017
Description
Property Type
Commercial Property
Year Built
1978
Stories
2.0

Building Features

  • Heating System: Forced Air Heat
  • Roof: Composition Roof

Community Info

  • Home Owner Asso.: Community Laundry Facility(s)
  • Laundry Facilities

Interior Features

  • Alarm System: Security Lights
  • Interior Construction: Carbon Monoxide Detector, Smoke Detector(s)

Location

  • MLS Area: 252 - Riverside

Data Provided by California Regional Multiple Listing Service

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More information about this $4,935,000 Commercial Property at 4075 4055 Briggs Street

This $4,935,000 Commercial Property at 4075 4055 Briggs Street in Riverside, CA is presented by Rick Peterson. This $4,935,000 Commercial Property, located in the 92509 zip code, has the following property features: Laundry Facilities, Roof, Interior Construction, Alarm System. This 4075 4055 Briggs Street Commercial Property, located in Riverside County , is listed under MLS listing number CV17099463 and has a listing price of $4,935,000. You can find more RIVERSIDE homes for sale here.