3575 Ottawa Avenue

Riverside, CA

Status:

Sold

Close of Escrow: 10/10/2006

Market Time: 140 Days

Activity ID: N0080138

Total Number of Units: 10

Year Built: 1954

Sale Price: $916,500

Price per Unit: $91,650

Price per Square Foot: $119.03

CAP Rate: 5.92%

GRM: 10.14

Downpayment: $366,600 (40%)

Net Operating Income: $54,261

Rentable Square Feet: 7,700

Lot Size: 0.551 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.