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Listed by Isela Vargas, DRE #02013343 • Realty One Group West
$ 790,000
Est. payment | /mo
10,454 Sqft Lot
$ 790,000
Est. payment | /mo
10,454 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26014420
Year Built 1977
Lot Size 10,454 Sqft
Source California Regional MLS
Property Description
Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you're expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.
Location
State CA
County Riverside
Area 374 - Blythe
Rooms
Kitchen Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry None
Exterior
Parking Features Assigned Spaces, Uncovered Parking
Pool None
Building
Story One Story
Water Hot Water, District - Public
Others
Tax ID 848082022
Special Listing Condition Not Applicable
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