4850 Jackson Street

Riverside, CA

Status:

Sold

Close of Escrow: 05/01/2006

Market Time: 34 Days

Activity ID: N0080036

Total Number of Units: 11

Year Built: 1972

Sale Price: $1,100,000

Price per Square Foot: $115.01

CAP Rate: 6.18%

Downpayment: $1,100,000 (100%)

Net Operating Income: $67,930

Lot Size: 0.74

Gross Leasable Area: 9,564

Major Tenants: Suriya Video, Video Plux, Wishy Washy Laundry Mat, Pine Liquor, Ale’s Hair and Beauty Salon

The subject property is an approximately 9,564 square foot retail building located in central Riverside, an area that has undergone recent improvement.