1066 N Orange ST Riverside, CA 92501
6.79 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Lot Size 6.790 Acres
MLS Listing ID CV25115941
Total Units 120
HOA Y/N No
Property Description
Situated at 1100 N Orange Street, the property benefits from a prime position within the thriving Inland Empire market. This strategic location provides investors with direct access to a robust working-class demographic and significant potential for rental upside. Nestled between Nash Street and Columbia Avenue, Springbrook Park Apartments offers residents excellent connectivity to a wide array of amenities, transportation options, and is in close proximity to the University of California, Riverside. This offering represents a compelling opportunity to acquire a well-positioned asset with substantial growth potential in a dynamic Inland Empire submarket.
Constructed in 1971 and thoughtfully situated on a generous 6.79-acre parcel, Springbrook Park Apartments is a well-maintained, two-story community spanning 117,840 square feet. Recent capital improvements, including light interior renovations on turned-over units, position the property for significant value add through continued renovations. The community offers a desirable mix of one-bedroom, two-bedroom, and three-bedroom residences designed to meet various tenant needs.
Residents enjoy a host of on-site amenities that include a central laundry facility, fitness center, playground, and a basketball court. The property also features controlled access for enhanced security, and mature, lush landscaping creating a pleasant atmosphere. Practical amenities such as ample surface parking and dedicated on-site maintenance and property management contribute to a well-managed community.
Individual units have been significantly upgraded and feature a variety of appealing interior amenities. These include the convenience of central air conditioning and heating, and fully equipped kitchens. Residents will also find a blend of vinyl wood flooring and carpeting in select areas, vertical blinds, ceiling fans, and mirrored closet doors. The property's prime location offers residents easy walking access to nearby shopping, dining, and entertainment options, while also providing excellent accessibility to major highways.
The property offers convenient access to major transportation arteries, including the 91, 215, 60, and 10 freeways, facilitating easy travel throughout the region and connecting to San Bernardino, Orange, and Los Angeles Counties.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning R1
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
1-purchase type For Sale
Exterior
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 200
Building
Lot Description Lot Over 40000 Sqft
New Construction No
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Story Two
Others
Senior Community No
Tax ID 206080014
Energy Description 35114.0
Acceptable Financing Cash, Cash to New Loan
Special Sale Standard
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