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

$10,550,000
CV24098181 MLS Active Status
We are proud to present an exceptional opportunity to acquire a well-maintained apartment complex located at 3401 Ramona Drive in Riverside. This ±35,504 SF building sits on a generous ±78,844 SF lot. The property is situated at the intersection of Ramona Drive and Olivewood Avenue. 3401 Ramona Drive is conveniently located within minutes to Riverside City College and the University of California Riverside. It provides easy access to the 91 Freeway, Downtown Riverside Metrolink train station, Riverside Community Hospital, Riverside Plaza and a variety of other shopping centers, restaurants, retailers, and parks, all just a short distance away. Showcasing mature and lush landscaping, 3401 Ramona Drive resides in a quiet residential neighborhood in Riverside. The property features a secured parking entrance gate, covered parking and surface parking stalls, a swimming pool, and an on-site laundry facility. Units feature kitchens with dishwashers and electric cooking systems, wood plank and carpet flooring throughout the units, central A/C system for the two-bedrooms and wall A/C for the one-bedrooms, ceiling fans, vertical blinds, and private balconies or patios. Five buildings have brand new roofs, and all 44 units have new windows, screens, and patio doors. Eight of the units (Units 36-44) were subject to a fire in 2017 with the previous owner and all were completely remodeled. Neighboring cities include Moreno Valley, Jurupa Valley, Fontana, Colton, and San Bernardino. Significant local landmarks within a 20-mile radius include: Downtown Riverside, University of California, Riverside (UCR), UC Riverside Botanic Gardens, Mount Rubidoux, Mission Inn Hotel and Resort, Riverside Plaza, Magnolia Town Center, the Moreno Valley Mall, California Baptist University (CBU), Fox Performing Arts Center, and the March Field Air Museum, to name a few. 3401 Ramona Drive is an admirable Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

3401 Ramona Drive, Riverside

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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.