Exclusive Listings

4-Houses on Huge Lot in Riverside!

Address:
10556 Gramercy Place
Riverside, CA 92505
Price:
$750,000
Status:
Available
Type:
Apartment
# Units:
4
Year Build:
1966
Building Size:
3901
Lot Size:
CAP Rate:
4.96%
GRM:
13.89%x
Price/Unit:
$187,500
Price/SqFt:

The Growth Investment Group is proud to offer 10556 Gramercy Place, a 4-unit, NON rent-controlled investment property located in Riverside, California. Situated in the booming city of Riverside, this sale presents an extremely rare opportunity for an investor to own a multi-family investment property in one of the most prized locations in the Inland Empire. With 4 induvial large houses on 1 lot, this is an excellent opportunity for any investor. This excellent location is perfectly situated near the 91 FWY, La Sierra University and The Galleria at Tyler Mall. This unique property consists of 4 individual houses on a humongous 30,056 square foot lot. Containing a very attractive unit mix with the front house being 3Bedroom + 2Bath, the next is 1Bedroom + 1Bath, the following is 2Bedroom + 1Bathroom, and the rear house is 3Bedroom + 2Bath. Nestled in between the La Sierra Ave & Tyler St, this property is in a very desirable area of Riverside. Situated less than 2 miles from La Sierra University and just 2.5 miles from The Galleria at Tyler Mall, this is an ideally situated investment property. This extremely rare investment features amazing upside potential with all 4 houses having their own private yards and driveway. Each unit is individually metered for electricity, gas and water!



The property is located 2 miles from La Sierra University while also only 2.5 miles from the The Galleria at Tyler Mall. The property is strategically situated in between La Sierra Ave & Tyler St. Right off the 91 FWY it is near many restaurants, shopping, schools and places of interest. Each house features 
a privately fenced yard with a private driveway. Amazing upside potential in an excellent rental market of Riverside.

INVESTMENT HIGHLIGHTS 
• Great location off the 91 FWY and La Sierra Ave. 
• 4 large individual houses on 1 huge lot. 
• Very close to the La Sierra University in a great area of Riverside 
• All 4-units individually metered for gas, electricity and water 
• Superb access to all restaurants, shopping, schools and entertainment 
• Attractive unit mix with 2 3bed + 2bath, 1 2bed + 1bath & 1 1bed + 1bath 
• Excellent property condition in a great rental area with lots of upside

PROPERTY HIGHLIGHTS 
• Excellent unit mix 
• Separately metered for electricity, gas and water • Huge lot size with 4-individual houses 
• Each unit containing privately fenced yard and driveway 
• Only 2 miles from La Sierra University 
• Only 2.5 miles from The Galleria at Tyler Mall

Marketing Files


Due Diligence


Broker Contact

Matthew Guerra
Direct: 626.898.9740
mguerra@growthinvestmentgroup.com


Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
Fax: 626.316.7552
Email: properties@GrowthInvestmentGroup.com
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