9059 Colony Place, Riverside, CA 92503

  • $999,950
9059 Colony Place, Riverside, CA 92503
Active Turnkey
9059 Colony Place, Riverside, CA 92503
9059 Colony Place, Riverside, CA 92503
  • $999,950

Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

  • Address 9059 Colony Place
  • City Riverside
  • State/county CA
  • Zip/Postal Code 92503
  • Country US

Details

Updated on April 3, 2025 at 8:10 pm
  • Property ID: AR25048685
  • Price: $999,950
  • Property Size: 3784 Sqft
  • Land Area: 0.22 Acres
  • Garage Size: x x
  • Year Built: 1978
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange
  • Roof: Composition
  • Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: None
  • Flooring: See Remarks
  • County: Riverside
  • Property Type: Residential Income
  • Pool: None
  • Parking: On Site,Paved,Private,One Space,Uncovered
  • Community Features: Suburban, Sidewalks
  • Architectural Style: See Remarks

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juan
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