9059 Colony Place
Riverside, CA 92503
- 8 beds
- – baths
- 3,784 sqft
- 9,583 sqft lot
- $264 per sqft
- 1978 build
- – on site
Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.
Last checked:
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Checking…
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Last updated Mar 31, 2025
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MLS# CRAR25048685 —
This property is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 4/5
1pm-4pm -
Sunday, 4/6
1pm-4pm
The Building
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Year Built:1978
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Building Area Units:Square Feet
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Construction Materials:Stucco
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Accessibility Features:See Remarks
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Other Equipment:Other
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Building Area Total:3784
Interior
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Flooring:See Remarks
Room Dimensions
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Living Area:3784
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Living Area Units:Square Feet
Location
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Directions:Head south on Van Buren. Then head east on Jackson
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Back Yard
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Parcel Number:191071007
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Zoning:R3
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Lot Features:Cul-De-Sac
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Lot Size Area:0.22
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Lot Size Acres:0.22
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Lot Size SqFt:9583
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Lot Size Units:Acres
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View:None
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View:false
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Fencing:Wood
Listing Agent
- Contact info:
- Agent phone:
- (650) 279-1212
Taxes
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Tax Tract:315.04
Beds
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Bedrooms Total:8
The Listing
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Listing Terms:Cash
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Virtual Tour URL Branded:https://my.matterport.com/show/?m=yGFPrUhyGQF&brand=0
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=yGFPrUhyGQF&brand=0
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Laundry Features:Community Facility
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:8
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/25/25
Mar 25, 2025
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Listed / Active | BRIDGE | $999,950 | 85.2% (10.3% / YR) |
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2/27/24
Feb 27, 2024
|
Sold | BRIDGE | ||
|
12/22/23
Dec 22, 2023
|
Pending | CRMLS_CA |
