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    3761 Harvill Lane

    Riverside, CA 92503
    • $1,630,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: P0-820001596
    UPDATED: 31 min ago
    $1,630,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    JUST REDUCED $50K! 8 units townhouse-style apartment, great location in Corona submarket! Located in a quiet residential area by the intersection of Mckinley Street and Magnolia Avenue, minutes walk to Villegas Middle School, University of Riverside, La Sierra University, Walmart Supercenter, Costco Wholesale, and 99 Rancho Market. This investment offers an impressive cap rate of +/-4.49% current / +/-5.86% Pro-forma, with approx. 20% upside in rental income. Property sold 'As-Is' in its present condition, Seller will not pay or make any repairs/replacements. Drive-by only, please do not disturb tenants.3761 Harvill Lane has a total building size of +/-7,620 SF, sitting on a +/-10,176 SF lot. The property offers an excellent unit mix of (2) 3 Bed / 3 Bath (townhouse-style), (2) 2 Bed / 1 Bath (townhouse-style), and (4) 1 Bed / 1 Bath. The units are spacious, with estimated 1,270 SF 3-bedroom, 1,020 SF 2-bedroom, 760 SF 1-bedroom units. The townhouse-style units have outdoor patios. There is a total of 14 parking spaces, consists of 10 garages and 4 open spaces. Features include granite countertops, new piping throughout, new exterior paint and woodworking. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy

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    Based on information from CRISNet MLS as of 2020-09-20T21:56:03.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-20T21:56:03.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/108118979
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    3761 Harvill Lane Riverside, CA 92503

    • Price: $1,630,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: P0-820001596
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1975
    Built
    Neighborhood:
    Not Applicable - 1007242
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    JUST REDUCED $50K! 8 units townhouse-style apartment, great location in Corona submarket! Located in a quiet residential area by the intersection of Mckinley Street and Magnolia Avenue, minutes walk to Villegas Middle School, University of Riverside, La Sierra University, Walmart Supercenter, Costco Wholesale, and 99 Rancho Market. This investment offers an impressive cap rate of +/-4.49% current / +/-5.86% Pro-forma, with approx. 20% upside in rental income. Property sold 'As-Is' in its present condition, Seller will not pay or make any repairs/replacements. Drive-by only, please do not disturb tenants.3761 Harvill Lane has a total building size of +/-7,620 SF, sitting on a +/-10,176 SF lot. The property offers an excellent unit mix of (2) 3 Bed / 3 Bath (townhouse-style), (2) 2 Bed / 1 Bath (townhouse-style), and (4) 1 Bed / 1 Bath. The units are spacious, with estimated 1,270 SF 3-bedroom, 1,020 SF 2-bedroom, 760 SF 1-bedroom units. The townhouse-style units have outdoor patios. There is a total of 14 parking spaces, consists of 10 garages and 4 open spaces. Features include granite countertops, new piping throughout, new exterior paint and woodworking. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy
    Exterior Features

    Levels Two Lot Size Area 10176.0000 Parking Features AssignedGarage - Single Door Parking Total 10.00 Parking YN Yes

    Interior Features

    Appliances DisposalRangeWater Heater Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Heating YN Yes Interior Features Balcony Laundry Features Community Laundry YN Yes

    Property Features

    Land Lease YN No Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Special Listing Conditions Standard Subdivision Name Other Not Applicable - 1007242 Tenant Pays Cable TvElectricityGas Zoning R-3

    Listing provided courtesy of Tzu-Ning Chang, CA DRE# , of Keller Williams Realty.


    Based on information from CRISNet MLS as of 2020-09-20T21:56:03.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-20T21:56:03.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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