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3613 Nye Avenue
Riverside, CA 92505

$4,850,000 
  • -- Beds
  • -- Baths
  • 14,240 sqft
  • Residential Income
  • Active
3613 Nye Avenue, Riverside - 697175819
3613 Nye Avenue, Riverside - 697175820
3613 Nye Avenue, Riverside - 697175821
3613 Nye Avenue, Riverside - 697175822
3613 Nye Avenue, Riverside - 697175823

Property Description for 3613 Nye Avenue, Riverside CA 92505

This is a rare opportunity to purchase 16 high quality condominiums currently utilized as an apartment complex. All 16 units have their own Assessor Parcel Numbers. The property is located between Kaiser Hospital in Riverside and the Tyler Mall. Each unit is 2 Bedrooms with 2 Full Bathrooms and each unit has an attached 2 car garage with washer and dryer hookups and electric garage door openers. All units have central air, granite counter tops, and small front patio yards. The complex is gated and each unit has remote controls for the two gated entries. It is rare to find a newer construction of this quality in a highly desirable location near the Tyler Mall. Since each unit has its own APN, the tenants actually pay their own trash and utility bills. The HOA is not in effect since the building is not operating as condominiums at this time. Their is also potential future upside to eventually sell the units as condominiums.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Riverside
  • State: CA
  • Zip: 92505
  • Area: 252 - Riverside
  • County: Riverside
  • Class: Residential Income
  • Approx Lot Size: 0.017
  • Stories: 2
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 14,240 sqft
  • Lot Sq Ft Apx: 720.00
  • Garage: 32.00
  • Year Built: 2007
  • Listing#: IG19074346
  • HOA Fee: 0.00
  • Parcel Number: 138053002
  • List Date: 4/3/2019
  • Last updated on: 4/19/2019

Property Features for 3613 Nye Avenue, Riverside CA 92505

  • Year Built: 2007
  • Community Features: Curbs
  • Lot Desc: Lawn
  • Pool: None

Additional Information for 3613 Nye Avenue, Riverside CA 92505

  • Expenses: 70000.00
  • Gross Building Area: 14240.00
  • Gross Income: 304128.00
  • Net Income: 234128.00
Courtesy of Kurt Tiedt, Titan Real Est.& Investments
Copyright 2019, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. 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.