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Real Estate and Homes   USA   CA   Riverside Area   Riverside   Single-Family Home   5 BR -

1864 12th Street | Riverside CA | 7102898621

SEAN HWANGBO

This listing was posted on SEAN HWANGBO (via ListedBuy).

$4,950,000

Riverside, Riverside County, CA House for sale Property ID: 416231071

Price:
$4,950,000
BR/BA:
5 BR, 4 BA
Location:
1864 12th Street, Riverside, CA
Description:

DRIVE BY ONLY. DO NOT DISTURB TENANTS. We are pleased to exclusively present the opportunity to acquire Villa Ava Apartments, a gated 20-unit multifamily community located in Riverside, CA. Constructed in 1990 and situated on.75 acres, the property is comprised of two saleal buildings with a strong unit mix of one- and two-bedroom floorplans that range in size from 750 to 850 square feet. The spacious units are efficiently designed and feature well-equipped kitchens, a private patio or balcony and a mix of plush carpeting & tile flooring. Villa Ava provides residents on-site laundry facility, manicured landscaping, and are individually metered for gas & electricity with individual water heaters. The property is fully-gated and fully-surveillanced with controlled access and offers both open and covered carports for parking. The community has convenient access to the 60, 91, and 215 freeways, connecting the community throughout Southern California and is one mile from the University of California, Riverside (UCR) campus with an undergraduate population of over 22,903 and growing. In addition, the property is within minutes to grade schools, employment centers, hospitals, dining, retail, and Downtown Riverside. Villa Ava is neatly-positioned to benefit from rapidly-increasing population growth of the city of Riverside as demand for multifamily housing increases in the city and barriers to entry for home ownership widens. Operational upside coupled with potential student housing conversion further enhances the desirability of this offering. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Single-Family Houses
Amenities:
Gated, Parking, Patio/Deck
For sale by:
Agent/Broker
Agent Name:
SEAN HWANGBO
December 13 2023 on ListedBuy
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More About this Listing: Riverside, Riverside County, CA House for sale Property ID: 416231071
Riverside, Riverside County, CA House for sale Property ID: 416231071 is a Five Bedroom 4.5 Bath Single-Family Homes for Sale at 1864 12th Street in Riverside CA. Find other listings like Riverside, Riverside County, CA House for sale Property ID: 416231071 and listings near 1864 12th Street by searching Oodle Classifieds for Five Bedroom 4.5 Bath Single-Family Homes for Sale in Riverside CA.