1480 7th Street, Riverside, CA

$5,995,000

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6

Beds

3

Baths

0.82

Acres

About 1480 7th Street

Built in 1977, The Normandy Apartments consist of approximately 22,798 of rentable square feet 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, and 1 bedroom units. The property is situated on approximately 0.82 acres of land that include tuck under parking, 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 & sparkling pool. 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 to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 10% realistic rental upside.

Features of 1480 7th Street

MLS® # OC26008212
Price $5,995,000
Bedrooms 6
Bathrooms 3.00
Acres 0.82
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1480 7th Street
Area RIV CTY-RIVERSIDE (92507)
City Riverside
County Riverside
State CA
Zip Code 92507

Amenities

Is Waterfront No
Has Pool Yes
Pool Community/Common

Interior

Heating N/K
Fireplace Yes
Stories 2 Story

Additional Information

Days on Market 5
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKidder Mathews of California, Inc

Listing Map

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