Riverside, CA 92507

Bd   — Ba   14,500 Sqft
The Iowa Avenue Apartments are located at the southeast corner of Iowa Avenue and Villa Street. The property is conveniently located west of the 215 Freeway and about 3 miles from University of California Riverside and University Village Shopping Plaza. Investors have the rare opportunity to own a consistent income producing property in a prime location. Built in 1959, the Iowa Avenue Apartments contains 23 units on a 38,768 square foot lot. The property is part of an unincorporated area of Riverside County. The building features single story units with pitched composition roof and three underground septic tanks. The Iowa Avenue Apartments have a unit mix of 4 studio units, 18 one-bedroom/one bathroom units, and 1 two-bedroom/one-bathroom unit. The building size for this property totals 14,500 square feet with an average unit size of 630 square feet.
  • Zipcode: 92507
  • Days on Movoto: 177
  • Year Built: 1959
  • HOA:
  • $/Sqft: $130
  • Lot: 38,768 Sqft
  • Property Type: Multi Family
  • MLS#: CV16162152
  • MLS:
  • Listing Office: CB RICHARD ELLIS
  • Listed By: ERIC CHEN
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 2 months ago
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Property History for Undisclosed, Riverside

Dec 16, 2016
Active Under Contract
Oct 25, 2016
Jun 22, 2016
As of today, there are 85 properties listed for sale in ZIP code 92507 and 653 properties listed for sale in the city of Riverside, CA. This property at Undisclosed in 92507 was last listed for $1,885,000. This is 354% above the current $415,000 median price for Riverside and 397% above the median of $379,000 for 92507. Of the 653 properties for sale in Riverside, 580 are single family homes and 73 are condos. Undisclosed is a multi family home that is approximately 14,500 square feet, 654% above the Riverside median of 1,922 and 763% above the 92507 ZIP code median of 1,681. The price per square foot was $130 which is 37% below the current median price in 92507 of $206 and 42% below the Riverside median of $223 per Sqft.
Built in 1959, this multi family house at Undisclosed, Riverside CA, 92507 is approximately 14,500 square feet and does not come with a parking spot. It was last listed for $1,900,000 with a cost per Sqft of $130.

Undisclosed, Riverside CA, 92507 was on the market for 177 days. The median days on the market for properties in this area is 44 with a median list price of $415,000 and median cost per square foot of $223. Its current status is sold under the MLS #CV16162152.

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