17305 Sage Avenue, Riverside, CA 92504

$2,200,000

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List Price
$2,200,000
Price Change
▼ $100,000 1783514115
Status
ACTIVE
MLS#
IV25046329
Year Built
2007
Lot Size
84,942
Acres
1.95
Lot Location
2-5 Units/Acre, Back Yard
Days on Market
480
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Investment Opportunity: Five Houses on Expansive 1.95 Acres. This unique investment opportunity features five well-maintained houses in the sought-after Woodcrest area of Riverside. These properties offer excellent income potential and are ideal for both seasoned investors and Multi-family living arrangements. Main House was Built in 2007 with 3,046 square feet, upgraded amenities including an extra-large game room, covered patio, and high ceilings, large kitchen with ample cabinet space, granite countertops, and tile flooring throughout, spacious bedrooms, separate dining area, and three full bathrooms, four-car garage. Additional Houses, each rental unit offers privacy with separate driveways and entrances currently all occupied except one, providing immediate rental income. Other Property Highlights, large unused space for additional units, horses, agriculture, parking rental, or other uses, several fruit trees as Orange, Guava, Bananas, lemon and others. Convenient location close to schools and amenities, These five houses on a single lot present a rare investment opportunity with multiple income streams. Whether you are an experienced investor or looking to make your first investment, this property offers flexibility and potential for growth. Don't miss out on the chance to see it for yourself!

Additional Information

Pool Description
None
Heat
None
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
2
Sewer
Septic Tank
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$152,400
Operating Expense
51827

Listing courtesy of Listing Agent: ALLISON GARCIA (theexcellenceintherealestatebusiness@live.com) from Listing Office: HERITAGE HOME REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.