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9920 Arlington Ave, Riverside, CA 92503
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9920 Arlington Ave Riverside, CA 92503

$4,999,000
  • -- Beds
  • -- Baths
  • 5,248 Sq.Ft.
For Sale
$4,999,000 Get Pre-Qualified
Map preview of 9920 Arlington Ave, Riverside, CA 92503

Property Overview: 9920 Arlington Ave Riverside, CA has -- bedrooms, -- bathrooms, 5,248 living square feet and 87,120 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent Industrial Storage Facilities Consisting of a 5,248 SF Building/warehouse and an 8,000 SF Large Metal Canopy for storage on a 2-acre property. The subject offers plenty of liberty for configurable outdoor space, giving growth options as Owner/User or functioning as an investment property with medium- to long-term tenants. Since March 2022, the subject has gone through renovations that include: the addition of new asphalt pavement to the yard and parking area, roof replacement, exterior and interior cosmetic building upgrades, new wrought iron fencing, and motorized gates in front for access, new concrete retaining wall and perimeter fencing. The main building consists of 4 office spaces, two restrooms, and 1 Full bath, not to mention the big lunch area with a separate kitchenette, five storage rooms, and warehouse space with a ceiling clearance of 10' to 14'. Another bathroom is located outside the yard to access convenience. It is essential to mention that ±12,000 SF of new concrete slab with 4,500 psi was a recent addition to support heavy machinery. The subject will impress with its excellent upkeep, utilities, and surrounding area. Perfect for Investors looking for a low-maintenance asset.

Listed by Francisco Lopez | BRE #01768184 | Better Homes And Gardens Real Estate
Co-listed by Anthony Amodeo | BRE #01016554 | Better Homes And Gardens Real Estate
Last checked: 14 minutes ago | Last updated: June 5th, 2024 | Source CRMLS | DOM: 221
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Home details

Lot Sq. Ft
87,120
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Industrial
Status
Active
MLS#
PW23076969
City
Riverside
County
Riverside
Time on Site
393 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.72%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $420,000
  • Net Operating Income: $306,288
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $105,312
  • Electric: $5,040
  • Trash: $6,000
  • Insurance: $3,968
  • Maintenance: $48,000
  • Professional Management: $21,000
  • Water/Sewer: $4,560
  • Other Expenses: $600

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Property Details for 9920 Arlington Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Interior Features
  • Security Features: 24 Hour Security, Automatic Gate, Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Flat
  • Has Fence
  • Block, Electric, Security, Wrought Iron
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 13
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Rectangular Lot, Level, Paved, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 151020001
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: 91 FWY E to Exit on Tyler St to Arlington Ave
View more facts & features

Local Riverside Agent

Sale History for 9920 Arlington Ave

Last sold on August 28th, 2018

  • May, 2023

  • May 22, 2023

    Date

    Active

    CRMLS: PW23076969

    $5,350,000

    Price

  • August, 2018

  • Aug 28, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2016

  • Jul 14, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9920 Arlington Ave

Assessed Value (2020): $1,079,160
Year Land Value Improved Value Assessed Value
2020 $599,760 $479,400 $1,079,160

Home Value Compared to the Market

This property vs the competition

9920 Arlington Ave is listed 625.54% higher than the median list price for the city of Riverside which has a median list price of $689,000. The median price per/sqft for Riverside is $371 and this home is listed at $952.55 per/sqft which puts the price per square foot 156.75% higher than the median price per square foot for the city of Riverside.

About 9920 Arlington Ave

Detailed summary of property

9920 Arlington Ave is a industrial located in Riverside, CA 92503 and is currently for sale. This industrial property offers -- bedrooms, -- bathrooms, roughly 5,248 living square feet, and sits on an approximately 87,120 square foot lot. 9920 Arlington Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $4,999,000 and was originally asking $5,350,000. The median priced home in Riverside is $689,000 with a median price per square foot of $371. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 625.54% higher than the median priced home. While the average home in Riverside, CA is selling in 49 days, 9920 Arlington Ave has a days on market of 221 days. There are currently 744 homes for sale in the Riverside real estate market and 688 of them are single family homes while 47 of them are condos and 9 are townhomes. For more information on this home for sale at 9920 Arlington Ave Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 9920 Arlington Ave

Public county record property details
Beds
--
Baths
--
Year built
1970
Sq. Ft.
--
Lot Size
87,120
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
308
APN
151-020-001

The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,900
Median List Price/Sq.Ft.
$391
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$367
Total Inventory
139
Median Sale to List Price %
98.51%
Avg Days on Market
22
Loan Type
Conventional (55.1%), FHA (22.45%), VA (4.08%), Cash (14.29%), Other (4.08%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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