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8342 Cypress Avenue
Riverside, CA 92503
Sold
8342 Cypress Avenue
Riverside, CA 92503
Sold
Welcome to Riverside's hidden gem! This remarkable 5-unit rental income property presents an incredible opportunity for investors seeking a profitable venture in a thriving community. Situated in a prime location, this property offers the best of both worlds: tranquility and convenience. Nestled in the heart of Riverside, residents will enjoy easy access to a wide array of amenities, including shopping centers, restaurants, parks, and entertainment options. The property's strategic location ensures excellent rental demand and consistent cash flow. Investors will appreciate the potential for steady income and long-term growth, making this an attractive addition to any investment portfolio. Don't miss this exceptional opportunity to own a lucrative 5-unit rental income property in Riverside!
PROPERTY INFORMATION
| MLS # | SB23103801 | Lot Size | 20,473 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,200,000
Price Per SqFt: $ 329 |
DOM | 681 Days |
| Address | 8342 Cypress Avenue | Type | Residential Income |
| City | Riverside | Sq.Ft. | 3,652 Sq. Ft. |
| Postal Code | 92503 | Garage | 8 |
| County | Riverside | Year Built | 1945 |
| Bed / Bath | 11 / 0 | Parking | 8 |
| Built In | 1945 | Status | Closed |
| Sold Date | 2023-09-01 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Individual Room, Washer Included |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,280
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/01/2023 | Sold | $1,120,000 |
| 07/25/2023 | Active Under Contract | $1,200,000 |
| 06/20/2023 | Listed | $1,200,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Jesse Tinajero, Century 21 Union Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
