1789 7th Street, Riverside, California 92507
  • $6,500,000

Overview

Property ID: CV24032554
  • Apartment, Residential Income
  • Property Type
  • 2.0
  • Garages
  • 19800 Sqft
  • Area Size
  • 1966
  • Year Built

Description

We are pleased to present the opportunity to acquire Sandra’s Apartments located at 1789 7th Street in the city of Riverside. The property building size totals ± 19, 800 SF and is situated on a well-maintained ± 30, 928 square feet lot. Sandra’s Apartments are conveniently located minutes away from Downtown Riverside and its cross streets are Chicago Avenue and Ottawa Avenue. The property offers convenient access to the University of California, Riverside, the Downtown Metrolink rail station, pharmacies, markets, banks, restaurants, and other popular retailers all within a short distance. Sandra’s Apartments feature mature landscaping with a gated pool and courtyard. The property also has secured gated entry, on-site laundry facility, tuck-under parking, surface vehicle parking, and ample street parking. The units feature fully equipped kitchens with appliances, wood-looking vinyl plank and tile flooring, ceiling fans, vertical blinds, and wall air conditioning and heating. The property offers convenient access to the 91, 15, 215 and 60 freeways connecting to San Bernardino, Orange, and Los Angeles Counties. Neighboring cities include Moreno Valley, Corona and San Bernardino. Significant local landmarks within a 20-mile radius include: Castle Amusement Park, Riverside Art Museum, Fox Performing Arts Center, the Galleria at Tyler, Fairmount Park, Mount Rubidoux Park, Riverside Municipal Auditorium, UC Riverside Botanic Gardens and the historic Mission Inn Hotel & Spa. The Sandra’s Apartments is a prime Riverside income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

  • Address: 1789 7th Street
  • City: Riverside
  • State/county: CA
  • Zip/Postal Code: 92507
  • Country: US

Details

Updated on May 17, 2024 at 3:56 pm
  • Property ID CV24032554
  • Price $6,500,000
  • Property Size 19800 Sqft
  • Land Area 0.71 Acres
  • Garages 2.0
  • Year Built 1966
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace
  • County Riverside
  • Property Type Residential Income
  • Pool Community
  • Community Features Curbs, Sidewalks, Pool

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