Riverside, CA 92507,3681 Cranford AVE
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Riverside, CA 92507,3681 Cranford AVE
Riverside, CA 92507,3681 Cranford AVE
Riverside, CA 92507,3681 Cranford AVE
Riverside, CA 92507,3681 Cranford AVE
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$ 17,599,000
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3681 Cranford AVE Riverside, CA 92507

2.99 Acres Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26004201

HOA Y/N No

Year Built 1965

Lot Size 2.990 Acres

Property Sub-Type Apartment

Property Description

Built in 1964, The University Gardens consist of approximately
67,202 of rentable square feet and is in good condition
since the current ownership has made several recent
renovations to the interiors & exteriors.
The unit mix consists of 2 Bedroom, 1
Bedroom & Studio units. The property is situated
on approximately 3 acres of land that includes tuck
under parking, carports, open on-site parking
in addition to street parking. The property is
also separately metered for gas and electric with
a community laundry rooms, pools & rental office.
Select units have been tastefully remodeled with
new flooring, windows, cabinets, stove, microwave,
countertops, sink, toilet, vanity, shower, AC, recessed
lighting & ceiling fans throughout. Most of the
“heavy lifting” is almost complete and should appeal to
an investor looking for an asset surrounded
by tremendous job opportunity and 10% realistic
rental upside. Priced way below replacement cost
(under $262 per foot) & less than 1.5 miles from 91 and 215 freeways. Earthquake retrofit and seismic upgrades have been made & all newer roofs and rain gutters.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating None

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 88.0

Garage Description 88.0

Pool Community

Community Features Biking, Foothills, Pool

Total Parking Spaces 134

Private Pool No

Building

Lot Description 26-30 Units/Acre

Faces Southeast

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 250170037

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Jonathan Mitchell Kidder Mathews of California, Inc 949-557-5000

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Riverside STEM Academy

    Public | 5 - 9

  • 7

    Pachappa Elementary School

    Public | KG - 6

  • 7

    Riverside Virtual

    Public | KG - 12

  • 6

    Reach Leadership Academy

    Public | KG - 6

  • 5

    Bryant Elementary School

    Public | KG - 6

  • 5

    Patricia Beatty Elementary School

    Public | KG - 6

  • 5

    Alcott Elementary School

    Public | KG - 6

  • 5

    Fremont Elementary School

    Public | KG - 6

  • 5

    Longfellow Elementary School

    Public | KG - 6

  • 5

    Emerson Elementary School

    Public | KG - 6

  • 5

    Castle View Elementary School

    Public | KG - 6

  • 4

    Washington Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 4

    Highgrove Elementary School

    Public | KG - 6

  • 3

    Central Middle School

    Public | 5 - 8

  • 1

    California School for the Deaf-Riverside

    Public | KG - 12

  • 1

    Riverside County Special Education

    Public | KG - 12

  • 1

    Highland Elementary School

    Public | KG - 6

  • 0

    All Saints Carden Academy

    Private | KG - 7

  • 0

    Montessori Academy

    Private | PK - 3

Middle Schools 4
  • 5

    Matthew Gage Middle School

    Public | 7 - 8

  • 4

    University Heights Middle School

    Public | 7 - 8

  • 0

    Riverside County Community

    Public | 7 - 12

  • 0

    Opportunity Program

    Public | 7 - 12

High Schools 10
  • 6

    Polytechnic High School

    Public | 9 - 12

  • 5

    Grand Terrace High School at The Ray Abril Jr. Educational Complex

    Public | 9 - 12

  • 4

    John W. North High School

    Public | 9 - 12

  • 1

    Gateway College and Career Academy

    Public | 10 - 12

  • 1

    Come Back Kids

    Public | 9 - 12

  • 0

    Gateway to College Early College High School

    Public | 9 - 12

  • 0

    Riverside County Regional Occupational Program

    Public | 9 - 12

  • 0

    Raincross High (Continuation)

    Public | 9 - 12

  • 0

    Abraham Lincoln Continuation

    Public | 9 - 12

  • 0

    Oxford-Riverside Academy

    Private | 9 - 12

School and business data provided by Attom Data.
Julian Park

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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3681 Cranford AVE