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    2470 Mission Inn Avenue

    Riverside, CA 92507
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 64 days
    • ID#: OC21117302
    Under Contract
    UPDATED: 51 min ago
    $1,100,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    New construction duplex in downtown Riverside approx. 2 miles from UC Riverside with one 4 bedroom 3 bath unit and one 3 bedroom 2 bath unit. This building offers a prospective buyer immediate cash from in a strong rental market in a building where no expense was spared in construction.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/117783548
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    2470 Mission Inn Avenue Riverside, CA 92507

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: OC21117302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2020
    Built
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    New construction duplex in downtown Riverside approx. 2 miles from UC Riverside with one 4 bedroom 3 bath unit and one 3 bedroom 2 bath unit. This building offers a prospective buyer immediate cash from in a strong rental market in a building where no expense was spared in construction.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features Garage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 5.29 Common Interest None Community Features Urban Garage YN Yes Gross Income 64800 Gross Scheduled Income 64800 Insurance Expense 920 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 52891 New Construction YN Yes New Taxes Expense 10989 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 11909 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 5400 Trash Expense 0 Water Source Public Zoning R1065

    Listing provided courtesy of Parham Khoshbakhtian of Parham Khoshbakhtian, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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