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Listed by ERIC CHEN • CB RICHARD ELLIS
$2,050,000
Est. payment /mo
6,702 SqFt
New
3520 Crestmore Road Jurupa Valley, CA 92509
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UPDATED:
12/20/2024 09:53 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,702 sqft
Price per Sqft $305
MLS Listing ID CV-24251686
Year Built 1947
Lot Size 1.800 Acres
Property Description
We are proud to exclusively present a unique 8-unit + 1-non-conforming-unit multifamily investment opportunity located at 3520 Crestmore Road in Jurupa Valley, CA. Situated just west of the thriving Downtown Riverside, this property benefits from its strategic position north of Mission Avenue and west of the Santa Ana River, as well as its proximity to major freeways (60, 91 and 215). 3520 Crestmore Road offer investors a rare chance to acquire a large, oversized lot comprised of individual bungalow style houses within in a well sought-after neighborhood. 3520 Crestmore Road consist of ?6,702 rental square feet with an additional 1,200 non-conforming rental square feet on a ?78,408 square foot lot. The property features low-maintenance landscaping, tenant-paid-for utilities, professional management, ample off-street parking, mountain views, and an oversized lot with the potential ability to add Accessory Dwelling Units (buyer to verify with city). Individual units feature a private detached garages (in select units), individual storage units (in select units), in-unit washers and dryers, air conditioning and heating, and private fenced in yards. Riverside's strategic location within Southern California positions it as a compelling destination for working professionals. The city's convenient access to major freeways like the 60, 91, and 215 offers seamless connectivity to Riverside County, San Bernardino County, Los Angeles County, and beyond. This prime location, coupled with a dynamic community, draws a diverse talent pool. Top employers in the healthcare, manufacturing, retail, education and government industries, contribute to Riverside's thriving economy. The city's cost of living, while competitive with other Southern California areas, makes it an attractive option for working-class professionals seeking a balance between affordability and quality of life. Residents also enjoy easy access to a variety of cultural attractions within a 20-mile radius. These include the Galleria at Tyler, the historic Mission Inn Hotel and Spa, the convenient Downtown Metrolink Station, the iconic Riverside Fox Theatre, Riverside City College, and the prestigious University of California, Riverside. This combination of career opportunities, cultural amenities, and a strategic location makes Riverside a highly sought-after place to live and work.
Location
State CA
County Riverside
Zoning A-1
Interior
Heating Wall Furnace, Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Vinyl
Laundry Dryer Included, Inside, Washer Included
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Mountain(s)
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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