• -- Beds
  • -- Baths
  • 1,806 sq ft
  • 6,969 lot
  • $460,500
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DRIVE BY ONLY. DO NOT DISTURB TENANTS. TEXT/EMAIL LISTING AGENT FOR MORE DETAILS. We are pleased to exclusively present Neva Place Duplex, a single-story multi-family investment opportunity in the city of Riverside, California. Sitting on 6,970 SF lot, the property is neatly positioned in a quiet, treelined residential pocket in the desirable Magnolia Center submarket. Both units are two-bedroom/one-bathroom units and offers individual enclosed garages for each tenant. Upgrades in recent years include: dual pane windows (rear of subject property), newer carpet & window coverings. The property benefits from both its close proximity to the California State Route 91 as well as walking distance access to Riverside Plaza which tenants national entertainment/retailers such as Regal Cinemas, CVS, Vons, and Bank of America to name a few. With little to no comparable multi-family buildings, there is a strong demand and a lack of supply of multi-family units in the immediate area. The future owner has the ability to own a bite sized offering that can achieve significant upside within a relatively short period of time. Rental comparables illustrating potential upside of 23.1%.
MLS #CV19032438Days on Market69
Last Updated4/19/2019Year Built1966
CommunityRiversideGarage Spaces2
CountyRiversideTotal Parking6
StatusSoldProperty Type(s)ResidentialIncome

Additional Features & Details

Building Area Units
  • Square Feet
Common Walls
  • 1 common wall
Community Features
  • Curbs
  • Gutters
  • Street Lights
  • Suburban
Cooling
  • Central Air
Elevation Units
  • Feet
Heating
  • Central
Laundry Features
  • Inside
Levels
  • One
Lot Features
  • 11-15 Units/Acre
Lot Size Units
  • Acres
MLSArea Major
  • 252 - Riverside
Parcel Number
  • 225272019
Parking Features
  • Driveway
  • Garage
Pool Features
  • None
Previous Standard Status
  • Active Under Contract
Property Type
  • Residential Income
Sewer
  • Public Sewer
Special Listing Conditions
  • Standard
Standard Status
  • Closed
Tax Tract Number
  • 2
Water Source
  • Public

Walk Score for: 6366 Neva Place, Riverside, CA

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Listing provided by : SEAN HWANGBO License # 01945497, REALTY ONE GROUP, INC.

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/21/19 1:34 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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