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Tag Archives: Real Estate

Apartment complex sells for $7.7 million

Sold Sign

A 34-unit apartment complex in Riverside has been sold for $7.7 million. The Potomac Apartments generated multiple offers and sold for $227,941 per unit, according to CBRE. The complex in the 7400 block of Potomac Street is about a mile and a half from California Baptist University. It has studio, …

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State housing market loses momentum

State home sales continue to decline

California’s housing market slowed in March, as the state recorded its first year-over-year drop in sales in three months. Sales of existing single-family homes totaled 267,470 last month, down 7.8 percent from February and down 4.4 percent compared with March 2023, according to the California Association of Realtors. Those figures …

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Corona shopping center sold

A 20,000-square-foot shopping center in Corona has been sold. Pacific Petroleum Inc. bought Main Street Village from LJZ Corona LLC for $7.8 million, according to a statement released April 16 by CBRE. Main Street Village is at 135-265 E. Ontario Ave. Built in 2005, its tenants include Mr You Chinese, …

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