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3681 Cranford Avenue, Riverside, CA 92507 (MLS # OC25062567)

Price $23,995,000
Status Active
Beds n/a
Baths 0 Bath
Home size 89,517 sqft
Lot Size 2.99 ac
Days on Market 14
Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric witha community laundry rooms, pools & rental of?ce. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal toan investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.
Property Type(s): Residential Income
Last Updated 3/21/2025 Year Built 1965
Community Riverside County Riverside

Additional Details

AREA Riverside
GARAGE Assigned, Carport, Electric Gate
HEAT None
HOA DUES 0
LOT 2.99 acre(s)
LOT DESCRIPTION 26-30 Units/Acre, 31-35 Units/Acre
PARKING Assigned,Carport,Electric Gate
POOL Yes
POOL DESCRIPTION Community
SEWER Public Sewer
STORIES 3
WATER Public

Location

 

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Listed with Kidder Mathews of California, Inc

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 4/4/25 9:30 AM PDT 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

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