For Sale
$5,798,000

3573 Columbia Ave Riverside, CA 92501

18-Unit Apartment Complex, High ROI Potential

Property records and analytics

Overview

Added:
Feb 3
Days on market:
80
This 18-unit apartment community in Riverside, CA, presents a compelling investment opportunity. Situated on a 1.23-acre lot (53,579 sq ft), the property boasts 15,510 square feet of living space and features gated access and covered parking. Eleven units have recently undergone extensive renovations, including updated kitchens and bathrooms, new flooring, and fresh paint. All units include air conditioning, fireplaces, and ceiling fans. The unit mix is highly desirable, featuring one-bedroom units with 1.5 bathrooms and lofts, and two-bedroom units with and without lofts. Loft units command a premium rental rate. Individual unit metering for electricity and gas shifts utility costs to tenants. The property offers significant upside potential through the addition of Accessory Dwelling Units (ADUs)

Property Details for 3573 Columbia Ave

Property type
Commercial real estate
Square Feet
15,510 SF
Year Built
1988
Lot Size (sq. ft)
2,333,901,240 SF

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
34.00442
Longitude
-117.3568

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FAQs

What type of property is this?
Commercial real estate - 18-Unit Apartment Complex, High ROI Potential
Where is the commercial real estate located?
The property is located at 3573 Columbia Ave Riverside, CA.
What is the asking price?
The asking price for this property is $5,798,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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(877) 622-7789

Contacts

Cindy Chin

Learn more

Useful Information

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Columbia Ave
Riverside, CA 92501

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Columbia Ave
Riverside, CA 92501

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3573 Columbia Ave
  • Cindy Chin
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