3717 Roosevelt

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3717 Roosevelt

Riverside, CA 92503
Asking Price
$1.10M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • The multifamily property features a total of four residential units.
  • Investment is currently offered at an asking price of $1,100,000.
  • The building is situated in the 92503 zip code of Riverside.
  • Property is located within the growing Southern California regional market.
  • Asset provides an opportunity for investors to acquire residential rental inventory.

What's Special

Priced at $1,100,000, this multifamily apartment building provides a stable investment vehicle within the Riverside market. The asset comprises 4 units and represents a clear opportunity for an investor seeking to expand their residential portfolio in the Inland Empire. Riverside maintains a diverse economy supported by its central location in Southern California, benefiting from robust logistics, education, and healthcare sectors that drive steady demand for rental housing. Well-positioned in the 92503 zip code, the property offers efficient access to major transportation corridors and local employment hubs throughout the metro area. As a residential asset, this building is suited for long-term hold strategies or repositioning efforts aimed at optimizing yield in a competitive regional rental environment. The manageable scale of this 4-unit configuration simplifies property management while maintaining a consistent income stream for professional investors.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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