3681 Cranford Avenue, Riverside, CA

$22,599,000

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8

Beds

5

Baths

2.99

Acres

About 3681 Cranford Avenue

Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signiant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include tuck under parking, carports, open on-site parking recently seismic retrofitted and in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental of?ce. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the heavy lifting is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 14% realistic rental upside.

Features of 3681 Cranford Avenue

MLS® # OC25062567
Price $22,599,000
Bedrooms 8
Bathrooms 5.00
Acres 2.99
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active Under Contract

Community Information

Address 3681 Cranford Avenue
Area RIV CTY-RIVERSIDE (92507)
City Riverside
County Riverside
State CA
Zip Code 92507

Amenities

Is Waterfront No
Has Pool Yes
Pool Community/Common

Interior

Heating N/K
Fireplace Yes
Stories 3 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed March 18th, 2025
Days on Market 203
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKidder Mathews of California, Inc

Listing Map

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