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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$5,595,000

Est. payment - /mo

0.82 Acres Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26008212

HOA Y/N No

Year Built 1971

Lot Size 0.820 Acres

Property Sub-Type Apartment

Property Description

$400,000 Price Reduction. 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

Area 699 - Not Defined

Interior

Heating None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 25.0

Garage Description 25.0

Pool Community

Community Features Biking, Foothills, Pool

Total Parking Spaces 50

Private Pool No

Building

Lot Description 21-25 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 250190014

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Jonathan Mitchell Kidder Mathews of California, Inc 949-557-5000, DRE #01227852

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1480 7th ST Riverside, CA 92507