Address
1196 Fountain Street Riverside, CA
Price
$ 829,888
Property Attributes
  • MLS#CV20238131
  • TypeIncome
  • CountyRIVERSIDE
  • CityRiverside
  • AreaRiverside
  • Zip92507
  • Style
  • Price$ 829,888
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3540
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
ARTHUR DRESCH with ARTHUR DRESCH REALTY.
Property Description

This is an excellent opportunity for the right investor. It's a very excellent location is perfectly situated near the 215 & 60 FWY. The property consists of a very attractive unit mix with 4 2Bedroom + 1Bathroom units perched behind a satisfactory 4-unit carport. Nestled off the 215 FWY in between the 10 & 60 FWY, this property is very commuter-friendly. Just 3 miles from the University of California of Riverside, this is a highly desirable rental area. This is an extremely rare investment that features amazing upside potential with all units individually metered for electricity and gas. Great additional parking in the front of the building. The property is located 3 miles from the University of California Riverside (UCR) while also only less than a mile from the Grand Terrace High School. The property is strategically situated between Downtown Riverside & the upcoming city of Grand Terrace. Right off the 215 FWY in between the 10 & 60 FWY, this property is very commuter-friendly. The property does have a septic tank system. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. The buyer is advised to independently verify the accuracy of all information and condition of the property through personal inspection and with appropriate professionals. All 4 of the units have been remodeled.

Price History
11/12/2020 Listed $829,888

General Features

Attached Structure Attached
Carport Spaces 4.00
Community Features Suburban
Directions 215 R. Center
Garage Spaces 0.00
HOA Fee 0.00
Levels Two
Listagentaor Citrus Valley
Listing Agent ARTHUR DRESCH - BRE#01246309
Listing Agent State License 01246309
MLS Area 252 - Riverside
Number of Units Leased 4
Parking Features Detached Carport
Pool Features None
Price Per Square Foot 234.43
Property Attached Y/N Yes
Sewer Shared Septic
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning R-2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features None
Range Count 4
Refrigerator Count 1
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3540.00
Lot Features 2-5 Units/Acre
Lot Size Acres 0.1900
Lot Size Area 8276.0000
Lot Size Source Assessor
Lot Size Square Feet 8276.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Parking Y/N Yes
Total Parking 4.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92507

Price
AVG $640K
$830K
Visits
AVG 38
40
Year Built
AVG 1945
1964
Walkscore
AVG 52
52
Data Provided by Walkscore ® not using MLS data