1480 7th St

Riverside, CA 92507
  • $5,995,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 22,576

    SqFt

About the Listing OC07007 - SMITCJON

Built in 1977, The Normandy Apartments consist of approximately 22,798 of rentable square feet and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 bedroom, and 1 bedroom units. The property is situated on approximately 0.82 acres of land that include tuck under parking, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms & sparkling pool. 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 10% realistic rental upside.

Listing Highlights

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® OC26008212
Year Built 1971
Total Square Footage 22,576
Lot/Acreage 0.82

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 21-25 Units/Acre,No Land Lease
  • Garage Capacity: 25 car
  • Parking Spaces: 50
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 250190014
  • Tax Year: N/A

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1480 7th St Riverside, CA 92507

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Originating MLS: CRMLS

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