3643 Brockton Avenue Riverside, CA $ 2,300,000
3643 Brockton Avenue
$ 2,300,000
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3643 Brockton Avenue

Riverside, CA, 92501
$ 2,300,000
Bedrooms10 Baths9.0 Sq 5,019

Monthly Estimate*

$ 16,066

Listed by Marcus & Millichap
3643 Brockton Avenue, Riverside, CA 92501 - Image 1
3643 Brockton Avenue, Riverside, CA 92501 - Image 2
3643 Brockton Avenue, Riverside, CA 92501 - Image 3
3643 Brockton Avenue, Riverside, CA 92501 - Image 4
3643 Brockton Avenue, Riverside, CA 92501 - Image 5
3643 Brockton Avenue, Riverside, CA 92501 - Image 6
3643 Brockton Avenue, Riverside, CA 92501 - Image 7
3643 Brockton Avenue, Riverside, CA 92501 - Image 8
3643 Brockton Avenue, Riverside, CA 92501 - Image 9

Multi-Family Home for sale in Riverside, CA

for $2,300,000 with 10 bedrooms and 9 full baths. This 5,019 square foot home was built in 1961 on a lot size of 0.2.

***VALUE ADD***Seller spent over $68K updating Lobby, and 5 units. Prime Investment Opportunity in the Heart of Inland Empire Nestled in an irreplaceable location, this exquisite apartment building boasts unparalleled value-add potential, making it a coveted asset. Located on a palm tree-lined street, this property exudes curb appeal and charm. Its proximity to Class A buildings further enhances its desirability, ensuring a steady stream of demand from tenants seeking premium accommodations. After an impressive 40-year tenure, this property is now hitting the market, presenting an exceptional opportunity for expansion in the thriving IE market. Don't miss out on the chance to elevate your investment portfolio and capitalize on the booming IE market.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

10

Full Bath

9

Property Type

Multi-Family

Taxes

$ 1,607

Style

Apartment

Lot Size

0.2

Year Built

1961

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

PW24075837

Days on Market

32

Features
General
Interior Features GraniteCounters MultipleStaircases
Sewer PublicSewer
Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable SeeRemarks WaterAvailable
Possession CloseOfEscrow
Exterior Features Balcony
Zoning R3
Garage Spaces 4.0
Patio/Porch Features Balcony
Pool Features None
Year Built 1961
Stories 2
Levels Two
Property SubType Apartment
Tax Year 2023
Gross Income 0.0
Community Features Biking Golf StreetLights Sidewalks
Accessibility SafeEmergencyEgressfromHome Parking
County Riverside
Net Operating Income 104795.0
Operating Expense 16848.0
Insurance Expense 4500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Buyer to cooperate with sellers 1031 exchange.
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions mission inn & brockton ave.
City Riverside
Entry Location ground
View Y/N N
Senior Community Y/N N
Open Parking Spaces 8.0
Total Units 9
MLS Area 252 - Riverside
Lot Size Square Feet 8712.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Brockton
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 1607.0
Electric Expense 0.0
Home Warranty Y/N N
Current Financing Conventional FHA FannieMae FreddieMac Other
Fuel Expense 1440.0
Trash Expense 5400.0
Walk Score 90
Water Sewer Expense 2400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 12
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Apartment
Expected Active Date 2024-04-19
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Interior
Flooring Laminate SeeRemarks
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea ElectricDryerHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Assigned
Lot Features Walkstreet
Water Source Public
Total Parking 12.0
Lot Size Area 8712.0
Number of Buildings 1
Spa N
Building Area Total 5019.0
Lot Size Acres 0.2
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 9
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3643
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* Excluded Features
List By
Marcus & Millichap

Broker

(562) 257-1200

Phone

Affordability Calculator

$16,200
Per Month
99%
1%
0%
Monthly Principal & Interest
$16,066
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2024$2,300,000 Listed Price

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3643 Brockton Avenue, Riverside, CA, 92501 is a Multi-Family Home for sale at $2,300,000 with 5,019 sqft and a lot size of 0.2. 3643 Brockton Avenue has 10 bedrooms, 9.0 baths, and was built in 1961. The property's zip code is 92501 which is in Riverside, CA