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Multifamily

5746 Tilton Ave

5746 Tilton Ave, Riverside, CA 92509

Listing Price: $3,150,000

Cap Rate
5.50%
Number of Units
14
GRM
11.57
Price/Unit
$225,000
Price/Gross SF
$490.35
Gross SF
6,424

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present 5746 Tilton Avenue, a 14-unit multifamily investment opportunity located in Jurupa Valley, CA. This is the first time the property has been offered for sale in more than a decade.

The offering consists of two contiguous parcels measuring a combined 0.50-acres, featuring a 6,424 square foot, 1981 constructed, two-story building. The property offers 1, studio unit and 13, one-bedroom units with desirable amenities including ample gated surface parking, low-upkeep landscaping, and an on-site laundry facility.

Situated just south of Mission Boulevard, 5746 Tilton Avenue offers resident’s easy access to the popular shops, restaurants, and entertainment destinations throughout Downtown Riverside including the Mission Inn & the Fox Performing Arts Center. The property also provides easy access to schools and museums including West Riverside Elementary School, Rubidoux High School, & the Riverside Art Museum. Furthermore, the property’s proximity to State Route 60 provides residents with convenient access to employment hubs and entertainment destinations throughout Southern California.

In summary, 5746 Tilton Avenue’s desirable location offers residents access to a wide variety of employment, entertainment, transportation, and retail amenities, all of which will help attract a diverse renter pool.

Investment Highlights

  • Built in 1981, 5746 Tilton Avenue Features a Mix of 1, Studio Unit & 13, One-Bedroom Units
  • Attractive Interior Upgrades Including Vinyl & Tile Flooring, Quartz Countertops, & More
  • Multiple Parcels Measuring a Combined 0.50-Acres, Allowing for Potential Cash Flowing Improvements Including Construction of Additional Units or Private Storage Units
  • Desirable Amenities Including On-Site Laundry Facility, Gated Access, & Ample Surface Parking
  • Situated Just Over 2 Miles from Downtown Riverside, Providing Residents with Easy Access to the Cultural Hub of the Inland Empire

Exclusively Listed By

Financing By

Multifamily

5746 Tilton Ave

Listing Price: $3,150,000

Cap Rate
5.50%
Number of Units
14
GRM
11.57
Price/Unit
$225,000
Price/Gross SF
$490.35
Gross SF
6,424

Investment Highlights

  • Built in 1981, 5746 Tilton Avenue Features a Mix of 1, Studio Unit & 13, One-Bedroom Units
  • Attractive Interior Upgrades Including Vinyl & Tile Flooring, Quartz Countertops, & More
  • Multiple Parcels Measuring a Combined 0.50-Acres, Allowing for Potential Cash Flowing Improvements Including Construction of Additional Units or Private Storage Units
  • Desirable Amenities Including On-Site Laundry Facility, Gated Access, & Ample Surface Parking
  • Situated Just Over 2 Miles from Downtown Riverside, Providing Residents with Easy Access to the Cultural Hub of the Inland Empire

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present 5746 Tilton Avenue, a 14-unit multifamily investment opportunity located in Jurupa Valley, CA. This is the first time the property has been offered for sale in more than a decade. The offering consists of two contiguous parcels measuring a combined 0.50-acres, featuring a 6,424 square foot, 1981 constructed, two-story building. The property offers 1, studio unit and 13, one-bedroom units with desirable amenities including ample gated surface parking, low-upkeep landscaping, and an on-site laundry facility. Situated just south of Mission Boulevard, 5746 Tilton Avenue offers resident’s easy access to the popular shops, restaurants, and entertainment destinations throughout Downtown Riverside including the Mission Inn & the Fox Performing Arts Center. The property also provides easy access to schools and museums including West Riverside Elementary School, Rubidoux High School, & the Riverside Art Museum. Furthermore, the property’s proximity to State Route 60 provides residents with convenient access to employment hubs and entertainment destinations throughout Southern California. In summary, 5746 Tilton Avenue’s desirable location offers residents access to a wide variety of employment, entertainment, transportation, and retail amenities, all of which will help attract a diverse renter pool.

Exclusively Listed By

Financing By

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