Address
3761 Harvill Lane Riverside, CA
Price
$ 1,680,000
Property Attributes
  • MLS#820001596
  • TypeIncome
  • CountyRIVERSIDE
  • CityRiverside
  • AreaRiverside
  • NeighborhoodNot Applicable
  • Zip92503
  • Style
  • Price$ 1,680,000
  • Bedrooms14
  • Full Bathrooms10
  • Half Bathrooms2
  • Sqr Footage7620
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty
Property Description

8 units townhouse-style apartment in Corona submarket (Riverside address)! 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.

Price History
5/6/2020 Listed $1,680,000

General Features

Flooring Ceramic Tile, Vinyl Tile, Carpet
Levels Two
MLS Area 252 - Riverside
Subdivision Name Not Applicable
Zoning R-3

Interior Features

Full Baths 10
Half Baths 2
Kitchen Appliances Garbage Disposal

Exterior Features

Building Area Total 7620.0
Land Lease Type Fee
Lot Size Acres 0.23
Lot Size Area 0.23
Lot Size Square Feet 10018.8
Lot Size Units Acres
Pool Y/N? No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92503

Price
AVG $1.14M
$1.68M
Visits
AVG 12
16
Year Built
AVG 1961
1975
Walkscore
AVG 77
70
Data Provided by Walkscore ® not using MLS data

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