660-690 S Riverside Ave | Rialto, CA 92376
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660-690 S Riverside Ave
Rialto, CA 92376
Riverside Ave Apartments · Multifamily Property For Sale
·
38 Units
Investment Highlights
- 38-unit value-add apartment is located in the City of Rialto
- Close to Rialto Downtown, City Hall, Walmart, and several newly shopping centers
- Total 64 carport and outside parking spaces, approximate half of the units have updates
- Current cap rate is around 6%
- All units are 2 bedrooms 1 bathroom, average unit size over 700 SF
- Separated meters for electricity and gas, windows A/C, and individual water heater
Property Facts
| No. Units | 38 | Building Size | 29,783 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.15/1,000 SF |
| Lot Size | 1.57 AC | ||
| Zoning | Apartment | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.57 AC |
| Building Size | 29,783 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.15/1,000 SF |
| Zoning | Apartment |
Amenities
Unit Amenities
- Air Conditioning
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 38 | - | 690 - 730 |
Property Taxes
| Parcel Number | 0131-161-22 | Improvements Assessment | $4,265,640 |
| Land Assessment | $1,352,520 | Total Assessment | $5,618,160 |
Property Taxes
Parcel Number
0131-161-22
Land Assessment
$1,352,520
Improvements Assessment
$4,265,640
Total Assessment
$5,618,160
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