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422 California Ave
Reno, NV 89509

Cal Ave Studios · Multifamily Property For Sale · 36 Units

Investment Highlights

  • New Construction, Awarded Best New Home Product for Multifamily Market Rent by the Builders Association of Northern Nevada
  • Premier Location - Walking Distance to Major Food & Entertainment Venues
  • Strong & Growing Location with Continued Outperforming Rent Growth & Demand
  • Legacy Asset - Unique One of a Kind Asset in Terrific Submarket

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class A
Lot Size 0.23 AC
Building Size 19,749 SF
Average Occupancy 94%
No. Stories 3
Year Built 2021
Parking Ratio 0.46/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Island Kitchen
  • Loft Layout
  • Patio
  • Smoke Free
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Wi-Fi
  • Bicycle Storage
  • Community-Wide WiFi
  • Online Services

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 36 $1,825 383 - 607

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-213-24
Land Assessment
$340,200
Improvements Assessment
$735,207
Total Assessment
$1,075,407

zoning

Zoning Code MD-RD
MD-RD
  • Listing ID: 25767309

  • Date on Market: 5/23/2022

  • Last Updated:

  • Address: 422 California Ave, Reno, NV 89509

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