2850 Mission Inn Avenue
Riverside, CA
Status:
Sold
Close of Escrow: 06/30/2008
Market Time: 119 Days
Activity ID: P0080032
Total Number of Units: 7
Year Built: 1960
Sale Price: $607,500
Price per Unit: $86,786
Price per Square Foot: $108.48
CAP Rate: 7.04%
GRM: 8.88
Downpayment: $128,500 (21%)
Net Operating Income: $42,750
Rentable Square Feet: 5,600
Lot Size: 0.227 SF
Unit Type
1Bdr 1Bath
2Bdr 1Bath
3Bdr 1Bath House
No. of Units
4
2
1
The subject property is an 7-unit apartment property built in 1960. The property is comprised of four 1 bedroom, 1 bath, two 2 bedroom, 1 bath units, and one large detached 3 bedroom 1 bath house.
