Wednesday , February 5 2025
Apartment Building in Riverside

Riverside apartments change hands

Two apartments in Riverside have sold for $2.9 million.

Located at 3459 Fourth St. and 3407-3415 Kansas Ave, the properties feature eight one-bedroom and eight two-bedroom units, each with one bathroom, according to CBRE, which brokered the transaction.

The Fourth Street property is a two-story building that recently had its roof replaced and underwent an interior renovation, including new floors and countertops.

The Kansas Avenue property is made up of two separate fourplexes that share a driveway.

The cash transaction was off-market, and escrow closed in about one month. Information about the buyer and seller was not released.

Check Also

Market favorable to U.S. renters: report

Market favorable to U.S. renters: report

An annual income of $63,680 was needed to afford the U.S. median monthly apartment rent …

Leave a Reply

Your email address will not be published. Required fields are marked *