Address
3401 Ramona Drive Riverside, CA
Price
$ 8,200,000
Property Attributes
  • MLS#PW20240717
  • TypeIncome
  • CountyRIVERSIDE
  • CityRiverside
  • Zip92506
  • Style
  • Price$ 8,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage40000
  • Lot Size1.81 Acres
Listing Provided Courtesy Of:
Chris Keramati with Triqor Group.
Property Description

Ramona Oaks Apartments is a 44-unit gated apartment complex located adjacent to The Historic Woods District in Riverside, CA. Built in 1964; the property consists of a good mix of 1 and 2-bedroom units. Unit amenities include patios or balconies, dishwashers and granite countertops in select units. Common area amenities include a pool, laundry facility, covered parking with secure storage, and secured access. Ramona Oaks Apartments offers the opportunity to purchase an income producing asset with an in-place cap rate of 4.5% and 6% on market.

Price History
11/17/2020 Listed $8,200,000

General Features

Attached Structure Attached
Carport Spaces 43.00
Community Features Suburban
Directions Please Contact Listing Agent For All Directions
Garage Spaces 0.00
Listagentaor Pacific West
Listing Agent Chris Keramati - BRE#01702116
Listing Agent State License 01702116
MLS Area 699 - Not Defined
Pool Features Community
Price Per Square Foot 205.00
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 44
Zoning R3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 40000.00
Lot Features Landscaped
Lot Size Acres 1.8100
Lot Size Area 78844.0000
Lot Size Source Assessor
Lot Size Square Feet 78844.00
Lot Size Units Square Feet
Number of Buildings 5
Number of Separate Electric Meters 44
Number of Separate Gas Meters 44
Total Parking 76.00
Uncovered Spaces 33.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92506

Price
AVG $8.2M
$8.2M
Visits
AVG 111
111
Year Built
AVG 1964
1964

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