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4436 Ambs Dr

5 Unit Apartment Building $1,800,000 ($360,000/Unit) Riverside, CA 92505

Executive Summary

*Call Broker for OM*
-Peaceful La Sierra Neighborhood
-On-Site Laundry and Additional Covered Storage Areas
-Ample On-Site Parking
-Detached Individual Units, Providing Space and Privacy
-Potential 33% upside in rental rates on existing units and a 72% upside if one additional unit is constructed
-Ability to Add (1) One Additional Unit on Rear Parcel, Per City of Riverside Zoning Code R-1 7,000 (Buyer to confirm zoning with the city of Riverside)

Property Facts

Price $1,800,000
Price Per Unit $360,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.21 AC
Building Size 4,500 SF
No. Stories 1
Year Built 1951

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 900
2+1 4 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 141-250-016
  • 141-250-017
Land Assessment
$133,193
Improvements Assessment
$185,521
Total Assessment
$318,714

zoning

Zoning Code R1
R1
  • Listing ID: 34418085

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 4436 Ambs Dr, Riverside, CA 92505

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