3573 Columbia AveRiverside, CA 92501

  • Apartment buildings
  • 3,120 SF
For Sale
$5,798,000 View listing

Property Details for 3573 Columbia Ave

Year built
1988
Construction
WOOD
Lot size
1.23 AC
Property size (Sq ft)
3,120 SF
Zone code
R3S2
Property type
Apartment buildings
APN
206-080-019
APU
206080019

Description

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)

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
34.0042
Longitude
-117.357
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$47,561
$1,070,000
$3,210,000
$4,280,000
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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.
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 unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].