3076 Lemon

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3076 Lemon

Riverside, CA 92501
Asking Price
$925K
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 purchase at 3076 Lemon
  • Asset comprises four distinct residential rental units
  • Located within the established Riverside municipal market
  • Current asking price set at 925000 dollars
  • Suitable for investors managing small-scale residential portfolios

What's Special

This multifamily property is available for sale, presenting a functional acquisition for an investor seeking to expand their residential holdings in the Inland Empire. The apartment building consists of 4 units and represents a straightforward addition to a rental portfolio. Situated in Riverside, California, the site benefits from the stability of a region known for its diverse economy and sustained residential demand within the broader Southern California market. Local access to major regional transit corridors supports consistent tenant interest in this urban submarket. As Riverside continues to grow, multifamily assets of this scale offer consistent utility for owners targeting long-term income streams. The layout and unit count allow for efficient management while maintaining competitive placement in the local housing landscape. Investors evaluating submarkets with stable occupancy potential will find this property aligns with current market requirements for residential asset acquisition.

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NOI
$80,000
Cap Rate
8.65%
DSCR
1.46
Strong
Cash-on-Cash
9.04%
Monthly Payment
$4,576.395
Annual Cash Flow
$25,083.256

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