3681 Cranford Ave 3681 Riverside, CA 92507

Multi-Family (2-4 Units) MLS #: OC24232711 Courtesy Of Mark Bridge, Broker

$18,100,000

3 beds | 4 baths | 70,160 sq ft
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Estimated monthly payments: $79,122/mo.* (recalculate)

Property InformationDescription

www.TeamBridgeGroup.com

This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda.

University Gardens (88 units) located in the robust rental market of Riverside, California. Built in 1965 &, the property consist of approximately 70,000 of rentable square feet and is in good condition since the current ownership has made several recent significant renovations to the interiors & exteriors. The balanced unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 2.2 acres of land that include tuck under parking, carports, 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, pools & rental office. Select units have been tastefully remodeled with new flooring, 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.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock, Pool
  • Architecture Style: Other

MAP & DIRECTIONS

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3681 Cranford Ave 3681, Riverside, CA 92507
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School Information

3681 Cranford Ave 3681, Riverside, CA 92507

Elementary School
Grades KG-6 | Public School
LONGFELLOW ELEMENTARY SCHOOL
Riverside, CA 92507
3610 Eucalyptus Ave
951.­788.7335
Distance: 0.8 mi
School Rating
C-
Student:Teacher Ratio
25:1
Total Students
681
Middle School
Grades 7-8 | Public School
UNIVERSITY HEIGHTS MIDDLE SCHOOL
Riverside, CA 92507
1155 Massachusetts Ave
951.­788.7388
Distance: 0.9 mi
School Rating
C-
Student:Teacher Ratio
25:1
Total Students
882
High School
Grades 9-12 | Public School
JOHN W. NORTH HIGH SCHOOL
Riverside, CA 92507
1550 3rd St
951.­788.7311
Distance: 0.3 mi
School Rating
C+
Student:Teacher Ratio
26:1
Total Students
2294
Other Nearby Schools Distance Type Grades School Rating
Islamic Academy Of Riverside 0.6 mi Private PK-8
Reach Leadership Steam Academy 0.6 mi Public KG-6 C
Emerson Elementary School 0.9 mi Public KG-6 C
Uc Riverside Early Childhood Services 1.1 mi Private PK-KG
Highland Elementary School 1.1 mi Public KG-6 D+
Abraham Lincoln Continuation 1.3 mi Public 9-12 D
St Francis De Sales School 1.6 mi Private KG-8
Fremont Elementary School 1.8 mi Public KG-6 C
Kindercare Learning Center 1.8 mi Private KG
Louisa May Alcott Elementary School 1.9 mi Public KG-6 C+
Riverside Stem Academy 1.9 mi Public 5-12 A
Immanuel Lutheran School 1.9 mi Private PK-6
Gateway College And Career Academy 2.0 mi Public 9-12 D+
Riverside County Regional Occupational Program 2.0 mi Public 9-12
Riverside County Special Education 2.0 mi Public KG-12
Riverside County Community 2.0 mi Public 7-12 D
Preschool Grasp 2.0 mi Public
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Riverside, CA 92507

Median Age: 29.6
Married: 38%
Number of Households: 19,777
Households with Children: 31.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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