2643 10th Street

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2643 10th Street

Riverside, CA 92507
Asking Price
$959K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale at 2643 10th Street.
  • The property consists of two distinct residential units.
  • Asking price is set at 959000 dollars for the asset.
  • Located in the Riverside region of Southern California.
  • Well-suited for investors targeting the stable Inland Empire rental market.

What's Special

This multifamily apartment building comprises two units situated in Riverside, California. The property occupies a central position within the 92507 ZIP code, an area characterized by its proximity to educational institutions and expanding residential neighborhoods in the Inland Empire. Investors and owner-occupants will find this site well-positioned to serve the steady rental demand prevalent throughout the Riverside submarket. Efficient layouts within these units allow for versatile management strategies or potential long-term income generation. The asset benefits from the broader economic stability of the region, which features a diverse employment base and consistent population growth. Its current configuration is suitable for those seeking a manageable residential holding in an established Southern California community.

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NOI
$80,000
Cap Rate
8.34%
DSCR
1.41
Strong
Cash-on-Cash
8.02%
Monthly Payment
$4,744.609
Annual Cash Flow
$23,064.695

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