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3573 Columbia Ave
Riverside, CA 92501
Villas at Columbia · Multifamily Property For Sale · 18 Units

Investment Highlights

  • Contact Tom Doyle, not Les Whittlesey.
  • Quick access to the 91 and 60 freeways.
  • Considerable upside to increase current rents to market.
  • 11 units fully upgraded with new flooring, paint, kitchens and baths.
  • Average unit size 862 SF.
  • Potential to add ADUs.

Attachments

2BR, 2BA - 1,032SF
2BR, 2BA - 1,032SF
2BR, 2BA - 1,032SF
2BR, 2BA - 948SF

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.23 AC
Building Size 15,510 SF
Average Occupancy 94%
No. Stories 2
Year Built/Renovated 1988/2024
Parking Ratio 2.26/1,000 SF
Zoning R3, Riverside - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Carpet
  • Yard
  • Deck
  • Patio
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Gated
  • Zen Garden
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1.5 10 - 759
2+2 8 - 948 - 1,032

Property Taxes

Property Taxes

Parcel Number
206-080-019
Land Assessment
$1,091,400
Improvements Assessment
$3,274,200
Total Assessment
$4,365,600
  • Listing ID: 33286356

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 3573 Columbia Ave, Riverside, CA 92501

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