3613 Nye Avenue
Riverside, CA 92505

Description

This is a rare opportunity to purchase 16 high quality condominiums currently utilized as an apartment complex. All 16 units have their own Assessor Parcel Numbers. The property is located between Kaiser Hospital in Riverside and the Tyler Mall. Each unit is 2 Bedrooms with 2 Full Bathrooms and each unit has an attached 2 car garage with washer and dryer hookups and electric garage door openers. All units have central air, granite counter tops, and small front patio yards. The complex is gated and each unit has remote controls for the two gated entries. It is rare to find a newer construction of this quality in a highly desirable location near the Tyler Mall. Since each unit has its own APN, the tenants actually pay their own trash and utility bills. The HOA is not in effect since the building is not operating as condominiums at this time. Their is also potential future upside to eventually sell the units as condominiums.

Details

MLS#IG19074346
Sub-TypeResale
StatusActive
Year2007
Days On Site84

Features

SQ Feet14,240
Units16
Building(s)1

Market Activity 92505

Loading Form

Loading Form

Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92505
Area252 - Riverside
Listing VS Median (in 92505)
Price:
$4,850,000
low | high
Med:
$439,000
100% of Average
SqFt:
14,240
low | high
Med:
1,839
100% of Average
$ / SqFt:
$341
low | high
Med:
$239
79.910809886592% of Average
On Site:
84
low | high
Med:
150
56% of Average
Listing Updated: 06/25/2019
MLS Number: IG19074346
Listing Provided By:
Kurt Tiedt  of  Titan Real Est. Investments
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
Real Estate Links Our Domains