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$18,100,000
39 Days On Site

3681 Cranford Ave
Riverside, CA 92507

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
70,160
SqFt
$258
/SqFt
1965
Built
County:
Riverside
Listed by Mark Bridge of Mark Bridge, Broker Mark.Bridge@cushwake.com

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3681 Cranford Ave3681 Cranford Ave3681 Cranford Ave3681 Cranford Ave
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This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda. University Gardens (88 units) is located in the robust rental market of Riverside, California. Built in 1965 the property consist of approximately 67,000 of rentable square feet and is in good condition since the current ownership has made several recent significant renovations to the interiors & exteriors. The balanced unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 2.2 acres of land that include tuck under parking, carports, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental office. Select units have been tastefully remodeled with new flooring, 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 to an investor looking for a turnkey asset surrounded by tremendous job opportunity.

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Listing Snapshot
Price 
$18,100,000
Days On Site 
39 Days
Bedrooms 
N/A
Inside Area (SqFt) 
70,160 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.21 Acres
Year Built 
1965
MLS® Number 
OC24232711
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
2.21
Number Of Stories 
3
Parking 
AssignedCarport
Parking Spaces 
176
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
70160
Stories 
Three Or More
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
FencedIn GroundPrivate
Private Pool 
Yes
Community Features
Building Access 
First
Community Features 
CurbsSidewalks
Financing Terms Available 
Cash
MLS Area 
252 - Riverside


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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