3401 Ramona Dr | Riverside, CA 92506
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This Multifamily Property is no longer advertised on LoopNet.com.
3401 Ramona Dr
Riverside, CA 92506
Ramona Oaks Apartments · Multifamily Property For Sale
·
44 Units

INVESTMENT HIGHLIGHTS
- Centrally Located 44 Unit Property in Prime Riverside
- Assumable Financing Available at 3.35%
- Attractive Unit Mix Featuring One-Bedroom and Two-Bedroom Units — Average Unit Size of ±809 Square Feet
- ±35,504 SF Building Situated on a Generously Sized ±78,844 SF Lot
- Significant Potential for Rental Upside – Opportunity for Approximately 39% Rental Growth to Achieve Market Rents
- Gated Community and Features Mature Lush Landscaping, Swimming Pool, Laundry Room, and Covered and Surface Parking
PROPERTY FACTS
| No. Units | 44 | Building Size | 35,504 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.14/1,000 SF |
| Lot Size | 1.81 AC | ||
| Zoning | R3 | ||
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.81 AC |
| Building Size | 35,504 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.14/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Patio
SITE AMENITIES
- Laundry Facilities
- Pool
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | $1,382 | 700 |
| 2+1 | 24 | $1,623 | 900 |
LINKS
PROPERTY TAXES
| Parcel Number | 219-174-011 | Improvements Assessment | $8,150,000 |
| Land Assessment | $2,000,000 | Total Assessment | $10,150,000 |
PROPERTY TAXES
Parcel Number
219-174-011
Land Assessment
$2,000,000
Improvements Assessment
$8,150,000
Total Assessment
$10,150,000
Listing ID: 31809172
Date on Market: 5/15/2024
Last Updated:
Address: 3401 Ramona Dr, Riverside, CA 92506
The Wood Streets Multifamily Property at 3401 Ramona Dr, Riverside, CA 92506 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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