3879 Dykes

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3879 Dykes

Riverside, CA 92503
Asking Price
$1.60M
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 3879 Dykes.
  • Property features a total of four individual rental units.
  • Asking price for this investment asset is 1,599,000 dollars.
  • Located in Riverside within the growing Inland Empire region.
  • Investment opportunity situated in a high-demand California rental submarket.

What's Special

Riverside serves as a significant economic hub within the Inland Empire, benefiting from a robust population base and convenient access to major regional transit corridors. This four-unit apartment building located at 3879 Dykes provides an established multifamily investment opportunity in a market characterized by consistent demand for rental housing. The property is well-positioned to serve local residents seeking proximity to regional employers and urban amenities. As a multifamily asset, the building functions as a stable acquisition for investors looking to expand their footprint in a primary Southern California submarket. The configuration of the units offers flexibility for management strategies, whether through long-term rental appreciation or a modernized repositioning effort to meet current market expectations. This investment represents a straightforward entry into a high-demand sector of the Inland Empire housing landscape.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.11%
Monthly Payment
$7,910.98
Annual Cash Flow
$-14,931.755

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