3681 Cranford Avenue, Riverside, CA 92507 (MLS # OC25062567)
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Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units 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, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric witha community laundry rooms, pools & rental of?ce. 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 toan investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.
| DAYS ON MARKET | 49 | LAST UPDATED | 5/6/2025 |
|---|---|---|---|
| YEAR BUILT | 1965 | COMMUNITY | Riverside |
| COUNTY | Riverside | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to May 6, '25 | $23,995,000 |
|---|---|
| May 6, '25 - Today | $22,599,000 |
| ADDITIONAL DETAILS | |
| AREA | Riverside |
|---|---|
| GARAGE | Assigned, Carport, Electric Gate |
| HEAT | None |
| HOA DUES | 0 |
| LOT | 2.99 acre(s) |
| LOT DESCRIPTION | 26-30 Units/Acre, 31-35 Units/Acre |
| PARKING | Assigned,Carport,Electric Gate |
| POOL | Yes |
| POOL DESCRIPTION | Community |
| SEWER | Public Sewer |
| STORIES | 3 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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