3741 Harvill LnRiverside, CA 92503

This exceptional eight-unit apartment building in Riverside, CA, presents a compelling investment opportunity. Boasting 7,340 square feet on a 10,454 square foot lot, the property features a mix of one, two, and three-bedroom units, ensuring diverse rental income streams. Built in 1977, the two-story building includes ten one-car garages and additional on-site parking, catering to tenant needs. Recent 2024 plumbing upgrades significantly enhance the property's value and minimize immediate maintenance concerns. Each unit is equipped with central air conditioning for tenant comfort. The property's strategic location on the border of Corona and Riverside, coupled with its proximity to the 91 Freeway, ensures high occupancy rates and convenient access for residents. Furthermore, its location directly across from Villegas Middle School adds to its appeal. The property's current 100% occupancy and strong rental demand make it an attractive investment with significant potential for future appreciation. The asking price of $1,800,000 reflects a price per square foot of $245.23 and a land value of $172 per square foot. This is a turnkey investment ready for a new owner to focus on value-add opportunities. The property's strong fundamentals and desirable location make it an ideal addition to any investment portfolio. The APN is 135-151-006.