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4603 Jurupa Ave

3 Unit Block of Flats £737,345 (£245,782/Unit) 5.79% Net Initial Yield Riverside, CA 92506

Investment Highlights

  • Great Area - Single Story Units with back patio/ yard area
  • Large lot - ability to add bedroom unit 4607
  • Expansion Potential
  • All upgraded; double paned, vinyl windows, granite counters, tiled showers , newly painted , upgraded interior doors
  • Best cap rate on market ! * (Call / email for details)

Executive Summary

Highest cap rate in Riverside Market-5.8%!
Upgraded units -flooring, windows, paint, countertops and more!
Always rented. Long term tenancy
Under market rents
Ability to add income (add bedroom to each unit possibility) **
Upgraded units
Garages
Back patio, yard area
** Subject to buyer review and city

Attachments

Other

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £737,345
Price Per Unit £245,782
Sale Type Investment
Net Initial Yield 5.79%
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.38 AC
Building Size 2,100 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1955

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Granite Countertops
  • Yard
  • Family Room

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Gas Range
  • Pet Play Area
  • Rubbish Collection - Kerbside
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 3 - 700
  • Listing ID: 32905868

  • Date on Market: 21/08/2024

  • Last Updated:

  • Address: 4603 Jurupa Ave, Riverside, CA 92506

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