3540 Nelson

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3540 Nelson

Riverside, CA 92506
Asking Price
$875K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset located in the Riverside 92506 area
  • Building features a total of two apartment units
  • Offered for sale at an asking price of 875000
  • Property situated within a growing Southern California submarket
  • Asset provides an opportunity for residential portfolio expansion

What's Special

Riverside serves as a significant hub in the Inland Empire, providing a stable economic environment and consistent demand for rental housing. Positioned within the 92506 zip code, this multifamily asset consists of two apartment units. The property presents a potential investment for those seeking to expand a residential portfolio in a growing Southern California submarket. Given the density and established residential character of the neighborhood, the building is well-situated to accommodate long-term tenants. Investors can evaluate the current rental income potential and property management strategies suited for a smaller residential complex in this region. The asset offers a straightforward entry point into the Riverside market, where proximity to local employment centers and infrastructure supports sustained interest in rental housing options. This apartment building represents a functional addition for an investor focused on residential real estate performance within this specific geographic corridor.

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729

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