8231 Carnation Court

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8231 Carnation Court

Riverside, CA 92503
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily property comprising two distinct residential rental units
  • Located at 8231 Carnation Court in Riverside, California
  • Well-positioned within the expanding Inland Empire regional submarket
  • Suitable asset for investors seeking small-scale residential holdings
  • Situated within the accessible 92503 ZIP code area

What's Special

The property at 8231 Carnation Court consists of 2 units designed as a multifamily asset in Riverside, California. Positioned within the 92503 ZIP code, this apartment building provides a residential investment option in a region known for its steady population growth and diverse economic base in the Inland Empire. The Inland Empire continues to serve as a vital logistics and employment hub, supporting demand for stable rental inventory across the metropolitan area. This apartment building represents a manageable scale for investors looking to expand a portfolio or establish a presence in this active suburban market. Its configuration is well-suited for long-term residential housing, catering to the ongoing need for rental options in the Riverside submarket. Proximity to regional thoroughfares allows for connectivity throughout the local area, making this site an accessible choice for tenants looking for functional living arrangements.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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