Riverside 8-Unit

3124 Locust St.-4176 1st St. Riverside, CA

Status:

Sold

Close of Escrow: 08/31/2018

Total Number of Units: 8

Year Built: 1920

Sale Price: $1,150,000

Price per Unit: $143,750

Price per Square Foot: $193.28

CAP Rate: 4.60%

GRM: 13.04

Unit Type

1Bdr 1Bath

1Bdr 1Bath

2Bdr 1Bath

2Bdr 2Bath SFR

No. of Units

2

3

2

1

Le Investment Group was please to represent both the Seller & Buyer of this multi family asset. The multi-family property is a 5,950 square foot building niched in the heart of Riverside. The property is located near the downtown area.