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Listed by ERIC CHEN • CB RICHARD ELLIS
$ 3,350,000
Est. payment | /mo
14,529 SqFt
$ 3,350,000
Est. payment | /mo
14,529 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,529 sqft
Price per Sqft $230
MLS Listing ID CRCV25042378
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1968
Lot Size 2.590 Acres
Property Sub-Type Other
Property Description
We are proud to present an exceptional opportunity to acquire a unit 12-Unit multifamily property located at 3060 Panorama Road in the city of Riverside. Running adjacent to the 91 Freeway, off of Central Avenue and Ivy Street, the property consists of ±14,529 SF of rentable square feet and is situated on a generous ±112,820 SF hillside lot. The property boasts mature landscaping with lovely mountain views, and onsite carport and surface parking. The units are spacious with an average size of 1,211 SF and feature upgraded fully equipped kitchens with electric stoves and oven ranges, dishwashers, in-unit washer and dryer hook-ups, horizontal blinds, AC/heating, modern fixtures, large walk-in closets, spacious patios or balconies, and a combination of stylish plank wood and carpet flooring throughout. 3060 Panorama Road offers a central location with convenient access to the Metrolink Downtown Riverside Commuter Rail Station. The property is also close to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. The Inland Empire, and Riverside in particular, presents a compelling opportunity for multifamily investors seeking portfolio expansion. Riverside benefits from a robust and growing workforce, ancho
Location
State CA
County Riverside
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Other, Inside
Building
Water Public
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