Riverside Homes with Apartment Subtype

Riverside Homes with Apartment Subtype

Located in the beautiful state of California, Riverside is a vibrant city that offers a fantastic lifestyle for its residents. Situated in Riverside County, this city is known for its stunning landscapes, warm climate, and a wide range of amenities.

For those seeking a home with an apartment subtype, Riverside has plenty of options to choose from. Whether you are a young professional, a small family, or a retiree, you will find a variety of homes that suit your needs.

Homes with an apartment subtype offer a unique living experience. These properties typically have multiple units within the same building, providing an opportunity for homeowners to generate rental income or accommodate extended family members. This arrangement allows for flexibility and can be an excellent investment opportunity.

In Riverside, homes with an apartment subtype can be found in various neighborhoods, each with its own distinct charm. From the historic downtown area with its charming Victorian homes to the more modern developments in the outskirts of the city, there is something for everyone.

Living in a home with an apartment subtype in Riverside means enjoying the best of both worlds. You can have the privacy and comfort of your own space while also having the potential for additional income. With the city's thriving economy, excellent schools, and numerous recreational activities, Riverside is an ideal place to call home.

Whether you are looking to invest in a property or find a place to settle down, Riverside offers a range of homes with an apartment subtype that will meet your requirements. Explore the options available and discover the perfect home for you in this beautiful city.

Newest Riverside Homes with Apartment Subtype

$4,950,000
CV23054593 MLS Active Status
DRIVE BY ONLY. DO NOT DISTURB TENANTS. We are pleased to exclusively present the opportunity to acquire Villa Ava Apartments, a gated 20-unit multifamily community located in Riverside, CA. Constructed in 1990 and situated on .75 acres, the property is comprised of two rental buildings with a strong unit mix of one- and two-bedroom floorplans that range in size from 750 to 850 square feet. The spacious units are efficiently designed and feature well-equipped kitchens, a private patio or balcony and a mix of plush carpeting & tile flooring. Villa Ava provides residents on-site laundry facility, manicured landscaping, and are individually metered for gas & electricity with individual water heaters. The property is fully-gated and fully-surveillanced with controlled access and offers both open and covered carports for parking.The community has convenient access to the 60, 91, and 215 freeways, connecting the community throughout Southern California and is one mile from the University of California, Riverside (UCR) campus with an undergraduate population of over 22,903 and growing. In addition, the property is within minutes to grade schools, employment centers, hospitals, dining, retail, and Downtown Riverside.Villa Ava is neatly-positioned to benefit from rapidly-increasing population growth of the city of Riverside as demand for multifamily housing increases in the city and barriers to entry for home ownership widens. Operational upside coupled with potential student housing conversion further enhances the desirability of this offering.

1864 12th Street, Riverside

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.