Riverside, CA 92506,5164 Olivewood AVE
$450,000
$458,000
1.7%
Est.Price: ?

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6,751 Sqft Lot

5164 Olivewood AVE Riverside, CA 92506

Est. payment /mo
SOLD DATE : 03/26/2014

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Key Details

Sold Price $450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV13249287

Sold Date 03/26/14

HOA Y/N No

Year Built 1966

Tax Year 2012

Lot Size 6,751 Sqft

Property Description

The Claystone apartment complex is located within walking distance from Riverside Community College, The Riverside Plaza, and Downtown Riverside. Must purchase this 4-plex along with the contiguous 4-plex at 5174 Olivewood Ave at $458,000 for a total price of $916,000. This is your chance to own two 4-unit, multi-family apartment complex. This property is unique because of the fact that it sits on two separate assessor parcel numbers, which means you would be able to obtain two separate 30-year fully amortized loans, as opposed to one 20-year commercial loan. Residences have access to the on site laundry facilities, as well as a private parking lot in the rear of the complex. All units are 2 bedrooms with central air and heat.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry See Remarks

Exterior

Carport Spaces 3

Fence Block, Wood

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected

Total Parking Spaces 7

Private Pool No

Building

Story Two

Entry Level Two

Foundation FHA Approved, Slab

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 219175004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by BARRY HILDEBRANDT • WCI REAL ESTATE
Bought with Raul Vega • Bankers Investment Group

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agent

Socorro Garcia

Broker Associate | License ID: 1377130

+1(909) 206-7458

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