9059 Colony PL, Riverside, CA 92503
- $1,345,300
Listed by Douglas Lee, 650-279-1212 from COMPASS
(If provided) CoList: from
Sold listing courtesy of Choeun Kem from
- Sold Price
- $1,345,300
- List Price
- $1,350,000
- Closing Date
- Oct 21, 2025
- MLS#
- CRAR25048685
- Status
- SOLD
- Lot Size
- 9,583
- Listing Area
- 252 - Riverside
Property Description
Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.
Additional Information
- Age
- 47
- Amenities
- Other
- Cooling System
- Central AC
- Floor Covering
- Other
- Foundation
- Concrete Slab
- Garage Parking
- Private / Exclusive, Common Parking Area, Other, Parking Area, Uncovered Parking
- Heating System
- No Heating
- Laundry Facilities
- Community Facility
- Lot Description
- Corners Marked
- Lot Size
- 9,583
- Neighborhood
- 252 - Riverside
- Numberof Units
- 4
- Pool Description
- 31, None
- Roof
- Composition
- Style
- Other
- Unincorporated Yn
- Yes
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