9079 Colony Place,Riverside, CA 92503
Riverside, CA 92503
Description
Excellent investment opportunity. This well-maintained fourplex offers a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, providing strong rental appeal and excellent income potential. Recent property improvements include a new roof and fresh exterior paint, enhancing both curb appeal and long-term value. The property features 4 separate electric meters, 4 separate gas meters, and 1 shared water meter, making utility management efficient. Additional income potential is provided by the community coin-operated laundry room, while 8 on-site parking spaces offer ample parking for residents. Conveniently located near shopping, dining, schools, parks, and major freeways, this income-producing property is situated in a highly desirable rental market. Whether you're an experienced investor or looking to add a quality multifamily asset to your portfolio, 9079 Colony Place offers a combination of recent upgrades, desirable amenities, and strong long-term investment potential.
Details
| MLS # | IG26158195 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 86 |
| Listing Provided By | Blue Monkey Realty | Ruby Pineda |
Features
| SQ Feet | 4,113 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.21 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Landscaped |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92503 |
| Area | 252 Riverside |
| Listing VS Median (in 92503) | |
Price: $1,350,000 low | high Med: $1,150,000 sqft: 4,113 low | high Med: 1,332 $ / sqft: $328 low | high Med: $863 On site: 86 low | high Med: 8 | |
Market Activity 92503
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92503 |
| Area | 252 Riverside |
| Listing VS Median (in 92503) | |
Price: $1,350,000 low | high Med: $1,150,000 sqft: 4,113 low | high Med: 1,332 $ / sqft: $328 low | high Med: $863 On site: 86 low | high Med: 8 | |