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Listed by Jonathan Mitchell • Kidder Mathews of California, Inc
$ 5,995,000
Est. payment | /mo
22,576 SqFt
$ 5,995,000
Est. payment | /mo
22,576 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 22,576 sqft
Price per Sqft $265
MLS Listing ID CROC26008212
HOA Y/N No
Year Built 1971
Lot Size 0.820 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Built in 1977, The Normandy Apartments consist of approximately 22,798 of rentable square feet and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 bedroom, and 1 bedroom units. The property is situated on approximately 0.82 acres of land that include tuck under parking, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms & sparkling pool. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting†is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 10% realistic rental upside.
Location
State CA
County Riverside
Interior
Heating None
Fireplace No
Laundry Common Area, Other

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Melanie Peterson-Katz
Partner | Lic# 00890767

