Riverside, CA 92503,9059 Colony Place

$1,345,300

$1,350,000

0.3%
Est.Price: ?

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Est. payment /mo

8 Beds

9,583 Sqft Lot


SOLD DATE : 10/21/2025

Key Details

Sold Price $1,345,300

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR25048685

Sold Date 10/21/25

Bedrooms 8

Lot Size 9,583 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Location

State CA

County Riverside

Zoning Estimated

Direction Head south on Van Buren. Then head east on Jackson, then a left on Colony Pl.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Tax ID 191071007

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, Land Contract

Listing Terms Cal Vet, Cash, Conventional, Exchange, Land Contract

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Michael & Jessica Solis

Michael & Jessica Solis

+1(760) 889-9374

Our team is ready to help you sell your home for the highest possible price ASAP


MLS Router / San Diego MLS
Listed by Douglas Lee COMPASS
Bought with Choeun Kem Pacific Delta
Michael & Jessica Solis

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 889-9374

mike@solisteamre.com

206 N Freeman St, Oceanside, CA, 92054, United States

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