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Multifamily

10234 Gould St

10234 Gould St, Riverside, CA 92503

Listing Price: $4,290,000

Cap Rate
3.20%
Number of Units
26
Price/Unit
$165,000
Price/Gross SF
$353.96
Gross SF
12,120

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 10234 Gould Street, a 26-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. Built in 1957, the property consists exclusively 14, studio units, 10, one-bedroom units, and 2, two-bedroom units. 10234 Gould Street offers amenities including open parking, single-story construction, on-site laundry, security doors, and private patios. 10234 Gould Street has an excellent location in northwestern Riverside, nearly equidistant from Corona and Downtown Riverside. The property is situated 1.30 miles east of 2 local shopping centers, Arlington Plaza and Van Buren Plaza, both of which are located on Van Buren Boulevard. This positioning places residents a short drive away from national retailers such as Walmart and Dollar Tree, as well as a highly trafficked north-south thoroughfare. Additionally, 10234 Gould Street is 2.44 miles from the Galleria at Tyler, a 1.2 million square foot shopping mall that is known as one of the premier shopping and dining hubs in the county. Furthermore, Kaiser Permanente Riverside Medical Center, the 4th largest employer in the city per Riverside's 2020 Comprehensive Annual Financial Report, is located less than 2.75 miles away.

Investment Highlights

  • A 26-Unit Multifamily Investment Property Located in Riverside
  • Consists of 14, Studio Units, 10, One-Bedroom Units, and 2, Two-Bedroom Units
  • Amenities Include Open Parking, Single-Story Construction, Security Doors, Private Patios, and On-Site Laundry
  • Excellent Location 1.30 Miles from Arlington Plaza and Van Buren Plaza and 2.44 Miles from the Galleria at Tyler, a 1.2 Million Square Foot Shopping Mall that is One of the Main Retail, Dining, and Entertainment Hubs in Riverside County

Exclusively Listed By

Listing Price: $4,290,000

Cap Rate
3.20%
Number of Units
26
Price/Unit
$165,000
Price/Gross SF
$353.96
Gross SF
12,120

Investment Highlights

  • A 26-Unit Multifamily Investment Property Located in Riverside
  • Consists of 14, Studio Units, 10, One-Bedroom Units, and 2, Two-Bedroom Units
  • Amenities Include Open Parking, Single-Story Construction, Security Doors, Private Patios, and On-Site Laundry
  • Excellent Location 1.30 Miles from Arlington Plaza and Van Buren Plaza and 2.44 Miles from the Galleria at Tyler, a 1.2 Million Square Foot Shopping Mall that is One of the Main Retail, Dining, and Entertainment Hubs in Riverside County

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 10234 Gould Street, a 26-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. Built in 1957, the property consists exclusively 14, studio units, 10, one-bedroom units, and 2, two-bedroom units. 10234 Gould Street offers amenities including open parking, single-story construction, on-site laundry, security doors, and private patios. 10234 Gould Street has an excellent location in northwestern Riverside, nearly equidistant from Corona and Downtown Riverside. The property is situated 1.30 miles east of 2 local shopping centers, Arlington Plaza and Van Buren Plaza, both of which are located on Van Buren Boulevard. This positioning places residents a short drive away from national retailers such as Walmart and Dollar Tree, as well as a highly trafficked north-south thoroughfare. Additionally, 10234 Gould Street is 2.44 miles from the Galleria at Tyler, a 1.2 million square foot shopping mall that is known as one of the premier shopping and dining hubs in the county. Furthermore, Kaiser Permanente Riverside Medical Center, the 4th largest employer in the city per Riverside's 2020 Comprehensive Annual Financial Report, is located less than 2.75 miles away.

Exclusively Listed By

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