Property Details
About this Property
Truly great investment opportunity! 3 separate units, each has its own street address! 4 buildings, total 3,655sf living space and a huge 42,253sf flat lot! Huge development opportunities! There are 3 water meters, 3 gas meters, 3 electric meters; each unit pays all of its own utilities! Each unit has its own trash account and each tenant even pays its own trash bill! A huge saving for the Landlord here, more money in the Landlord’s pocket. Front unit is located at the corner of La Sierra Ave and Norwood Ave directly across a Seven and Eleven with a 100.17ft frontage! Buyer could investigate re-zoning possibility making this corner lot a much more valuable commercial zone. Conveniently located one small block north of The 5 Point approximately 1/2 mile from the La Sierra University, walkable distance to the La Sierra High School, and only short minutes’ drive to Galleria at Tyler, AMC 16, restaurants, entertainment centers and the Castle Park. Each unit has its laundry hookup and garage, total 6 garage parking with at least 20+ extra on property parking spaces, each unit even has its front lawn and back yard. (some garages might have been converted). Unit 11035 Norwood has a brand new roof installed in 2024! Unit 11059 Norwood Ave has new major pumping work done this y
MLS Listing Information
MLS #
CRTR24165230
MLS Source
California Regional MLS
Days on Site
136
Interior Features
Appliances
Other
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 6 Car(s)
Water
Other
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5111 La Sierra Ave is a Triplex in Riverside, CA 92505. This – square foot property sits on a 42,253 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,180,000 and was built in 1948. This address can also be written as 5111 La Sierra Ave, Riverside, CA 92505.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 17, 2024. For the most current information, please contact Tony Lam, (909) 618-3765
