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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$2,050,000

Est. payment - /mo

1.8 Acres Lot

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UPDATED:

01/31/2025 01:43 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID CV24251686

HOA Y/N No

Year Built 1947

Lot Size 1.800 Acres

Property Sub-Type Apartment

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

Area 251 - Jurupa Valley

Zoning A-1

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplace No

Appliance Dryer, Washer

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Mountain(s)

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 179320045

Energy Description 117.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by ERIC CHEN • CB RICHARD ELLIS • 626-757-5717

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3520 Crestmore RD Jurupa Valley, CA 92509