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29582476
29582489

5748 Tilton Avenue, Jurupa Valley, CA 92509

EC
CA 01489184
CBRE - Ontario
KS
CA 02020968
CBRE - Ontario
Listed by CBRE - Ontario
$2,700,000
120 days on market
Updated 61 days ago

5748 Tilton Avenue

Details
APN 181042009
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,424
Net Rentable (SqFt) 6,424
Units 14
Cap Rate 6.09%
NOI $164,443
Price per SqFt $420
Buildings 1
Stories 2
Acreage 0.230
Zoning Assessor
Parking Spaces 14 spaces
Parking Per SqFt 2.18

14 Units | Jurupa Valley | 1981 Construction l Over 6% Cap Rate

Marketing description

We are excited to exclusively present a unique 14-unit multifamily investment opportunity located at 5748 Tilton Avenue in Jurupa Valley, CA. Situated within a short drive of the thriving Downtown Riverside, this property benefits from its strategic position between major thoroughfares Limonite Avenue and Mission Boulevard, as well as its proximity to major freeways (60, 91 and 215). 5748 Tilton Avenue offer investors a rare chance to acquire a superbly-maintained and well-situated asset in a well sought-after neighborhood. 5748 Tilton Avenue consist of 6,882 of rental square feet on a 10,019 square foot lot and features low-maintenance landscaping, on-site laundry with gated surface parking. Units have been updated and feature fully equipped kitchens with oven ranges, dishwashers, microwaves, ceiling fans, vertical blinds, individual porches and laminate plank wood flooring throughout. Riversides strategic location within Southern California positions it as a compelling destination for working professionals. The citys convenient access to major freeways like the 60, 91, and 215 offers seamless connectivity to Riverside County, San Bernardino County, Los Angeles County, and beyond. This prime location, coupled with a dynamic community, draws a diverse talent pool. Top employers in the healthcare, manufacturing, retail, education and government industries, contribute to Riversides thriving economy. The citys cost of living, while competitive with other Southern California areas, makes it an attractive option for working-class professionals seeking a balance between affordabi

Investment highlights

  • Opportunity to Increase Rental Income by up to 16% to Achieve Market Rents

  • Current 6.09% Cap Rate on Current Income, 7.49% Cap Rate at Market Rents, 4.81% Cash on Cash

  • High Rental Demand Location in the Inland Empire

  • Historically High Occupancy

  • Superbly-Maintained Property Consisting of ±6,424 Rentable SF; Situated on a ±10,019 SF Lot

  • All 1B/1B Unit Floor Plans | Average Unit Size of ±460 Square Feet

  • Units are Upgraded and Features Include Fully Equipped Kitchen with Microwave, Oven Range and Dishwasher, Mirrored Closet Doors, Vinyl Plank Wood Flooring Throughout, Ceiling Fans, Vertical Blinds, Individual Porches

  • Common Area Features Include Low Maintenance Landscaping, Gated Parking, Surface Parking and On-Site Laundry Facility

  • Prime Location in Close Proximity to Downtown Riverside, the Metrolink Train Station, and a Plethora of Popular Restaurants and Shopping Centers Within a Short Drive

  • Convenient Access to the 91, 60, 215, and 15 freeways Connecting to Riverside, San Bernardino, Orange and Los Angeles Counties

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Listing Contacts

EC
CA 01489184
CBRE - Ontario
KS
CA 02020968
CBRE - Ontario
Listed by CBRE - Ontario

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,443.00
$13,703.58/mo

Valuation Metrics

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DSCR
6.09%
Cap Rate
6.09%
ROI

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