Riverside, CA 92503,9059 Colony Place
Listed by Douglas Lee • COMPASS

$1,345,300

Est. payment /mo

$1,350,000

0.3%
Est.Price: ?

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9059 Colony Place Riverside, CA 92503

3,784 SqFt

SOLD DATE : 10/21/2025

Key Details

Sold Price $1,345,300

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,784 sqft

Price per Sqft $355

MLS Listing ID AR-25048685

Sold Date 10/21/25

Style See Remarks

Year Built 1978

Lot Size 9,583 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R3

Interior

Interior Features Unfurnished

Heating None

Flooring See Remarks

Fireplaces Type None

Laundry See Remarks, Community

Exterior

Parking Features On Site, Parking Space, Paved, Private, Uncovered

Pool None

Community Features Sidewalks, Suburban

Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

View Y/N No

View None

Building

Lot Description Cul-De-Sac, Rectangular Lot, Back Yard

Sewer Other, Public Sewer

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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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