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$1,350,000
23 Days On Site

9059 Colony Place
Riverside, CA 92503

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
3,784
SqFt
$357
/SqFt
1978
Built
County:
Riverside
Listed by Douglas Lee of COMPASS [email protected]

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9059 Colony Place9059 Colony Place9059 Colony Place9059 Colony Place
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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.

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Listing Snapshot
Price 
$1,350,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,784 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1978
MLS® Number 
AR25048685
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $1,350,000
a week agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.22
Foundation 
Slab
Number Of Stories 
2
Parking 
On SitePavedPrivate
Parking Spaces 
8
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3784
Stories 
Two
Style 
SeeRemarks
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R3
Interior Features
Appliances 
Gas OvenRefrigerator
Cooling 
Central Air
Fireplace Features 
None
Flooring 
See Remarks
Furnished 
Unfurnished
Laundry Features 
Common AreaSee Remarks
Bedroom 
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Exterior Features
Construction Details 
Stucco
Fencing 
Wood
Lot Features 
Back YardCul-De-SacRectangular Lot
Pool Features 
None
Road Frontage 
City Street
Roof 
Composition
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
SuburbanSidewalks
Financing Terms Available 
CashConventionalContract1031 Exchange
MLS Area 
252 - Riverside
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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