9059 Colony Place, Riverside, CA 92503
-
Listed Price :
$999,950
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1978
Property Description
Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, See Remarks |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
See Remarks |
| Interior Information |
| Features |
Unfurnished, All Bedrooms Down |
| Cooling Type |
Central Air |
| Heating Type |
None |
Listing Information
| Address |
9059 Colony Place |
| City |
Riverside |
| State |
CA |
| Zip |
92503 |
| County |
Riverside |
| Listing Agent |
Douglas Lee DRE #01463907 |
| Courtesy Of |
COMPASS |
| List Price |
$999,950 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
9,583 |
| Year Built |
1978 |
Listing information courtesy of: Douglas Lee, COMPASS. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 31st, 2025 at 6:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
