3681 Cranford Avenue, Riverside, CA 92507

Riverside
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
3681 Cranford Avenue,Riverside, CA 92507
$16,995,000
  • - Beds
  • - Baths
  • 67,202 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan mitchell
Office: kidder mathews of california, inc949-557-5000
MLS#:OC26004201
Source:CRMLS

Price summary

  • Price:$16,995,000
  • Price per sq. ft.:$252.89

About this home

$600,000 Price Reduction. Day one 6.10% CAP Rate & 9.4 GRM. Built in 1964, The University Gardens consist of approximately 67,202 of rentable square feet and is in good condition since the current ownership has made several recent renovations to the interiors & exteriors. The unit mix consists of 2 Bedroom, 1 Bedroom & Studio units. The property is situated on approximately 3 acres of land that includes tuck under parking, carports, open on-site parking in addition to street parking. The property is also separately metered for gas and electric with a community laundry rooms, pools & rental office. Select units have been tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting & ceiling fans throughout. Most of the “heavy lifting” is almost complete and should appeal to an investor looking for an asset surrounded by tremendous job opportunity and 10% realistic rental...

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Home facts

  • Year built:1965
  • Listing ID #:OC26004201
  • Added:152 day(s) ago
  • Updated:June 09, 2026 at 10:49 AM

Rooms and interior

  • Living area:67,202 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Year built:1965
  • Building area:67,202 sq. ft.
  • Lot area:2.99 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$16,995,000
  • Price per sq. ft.:$252.89

Features and amenities

  • Pool features:Community

Parking

  • Total parking spaces:134
  • Parking description:Assigned
  • Garage:Yes
  • Garage spaces:88
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