5748 Tilton Ave - Apartments FOR SALE


Jurupa Valley, CA 92509
$2,950,000 USD
909-418-2071
5748 Tilton Ave, Jurupa Valley, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/41
null | 5.32% Cap Rate

5748 Tilton Ave
Jurupa Valley, CA 92509


HIGHLIGHTS

  • Opportunity to Increase Rental Income by up to 23% to Achieve Market Rents
  • Current 5.32% Cap Rate on Current Income, 7.13% Cap Rate at Market Rents
  • 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

OVERVIEW

CBRE is 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 ±6,424 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. Riverside’s strategic location within Southern California positions it as a compelling destination for working professionals. The city’s 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 Riverside’s thriving economy. The city’s cost of living, while competitive with other Southern California areas, makes it an attractive option for working-class professionals seeking a balance between affordability and quality of life. Residents also enjoy easy access to a variety of cultural attractions within a 20-mile radius. These include the Galleria at Tyler, the historic Mission Inn Hotel and Spa, the convenient Downtown Metrolink Station, the iconic Riverside Fox Theatre, Riverside City College, and the prestigious University of California, Riverside. This combination of career opportunities, cultural amenities, and a strategic location makes Riverside a highly sought-after place to live and work. 5748 Tilton Avenue is a prime Riverside income-producing property and a great long-term investment. The property is in a desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$429 USD /SF

# OF UNITS

14

PRICE/UNIT

$210,714

CAP RATE

5.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R-3-4000

APN/PARCEL ID

181-042-009

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.