4605 Marmian Way, Riverside, CA 92506

Property Description

AWESOME investment opportunity for a CASH buyer located in the desirable Magnolia Center area of Riverside. This 2 on a lot zoned MULTI-FAMILY property has potential as a flip or renovate and hold for rental income. This is not a cosmetic fixer, this is a MAJOR rehab with some work already done. Newer windows, roof and A/C completed on front unit, 2 bed/1 bath with sun room addition, 1030 sq. ft. Back unit built in 1944 which is a separate house 1bed/1bath with family room, kitchen and own laundry hook-ups has had remodel completed already. Both units have their own fenced yard on separate gas and electric meters and shared water meter. Large deep lot with room for addition to each unit or maybe 3rd unit. Must see in person to get clear picture of what is needed or possibilities for property. Buyer is responsible to independently confirm all aspects of the property including but not limited to square foot, building permits, zoning, and condition prior to purchase. Sold AS-IS. Located on a quite tree lined street not far from parks, schools and shopping with Riverside Plaza less than 2 miles away which offers shopping, restaurants, and a movie theater. Easy freeway access and minutes away from downtown Riverside and the Mission Inn. Perfect location on this property just waiting for someone to complete the rehab for rental income or flip.