3575 Ottawa Ave

Riverside, CA

Status:

Sold

Close of Escrow: 02/11/2016

Market Time: 2 Months

Total Number of Units: 10

Year Built: 1954

Sale Price: $1,100,000

Price per Unit: $110,000

Price per Square Foot: $157.82

CAP Rate: 6.01%

GRM: 10.77

Downpayment: $385,000

Net Operating Income: $70,651

Rentable Square Feet: 6,970

Lot Size: 0.55 Acres

Unit Type

1Bdr 1Bath

1Bdr 1Bath

No. of Units

5

5

The subject property is a 10-unit apartment property built in 1954. The property is comprised of five 1 bedroom, 1 bath, and five 2 bedroom, 1 bath units.