4774 Riverside Drive, Chino, CA 91710
Commercial property
For rent now
4774 Riverside Drive is on the market (1,122 sqft). See the current listing →
Sold October 2016
Listing Agent: BRAD UMANSKY (DRE #01137100) · Listing Office: PROGRESSIVE R. E. PARTNERS · Contact: 909-230-4500 · Bought with: BRAD UMANSKY · PROGRESSIVE R. E. PARTNERS · MLS #CV16143214 · Source: CRMLS
How this sale compares
4774 Riverside Drive sold for $2,225,000 in October 2016, 4.8% under its $2,338,000 list price, after 92 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
About this commercial property
INVESTMENT HIGHLIGHTS ? 100% Leased multi-tenant, 2-story building (Retail on the ground floor and Office on the second floor) ? 6.5% cap rate on actual income ? Strong in-place income from stream 3 established tenants with annual increases; these 3 tenants contribute about 65% of the base rent ? Owner recently signed leases with two office tenants for the entire upstairs; both tenants provide health care services ? Very well-located at a signalized corner of Riverside Dr and Yorba Avenue ? Directly across the street from a busy Stater-Bros supermarket ? Well maintained and professionally managed property ? Strong demographics: 400,000 people with average household income of over $77,000 within a 5-mile radius ? Fee-simple property (land + building)
Listing description from the October 2016 sale, as reported to CRMLS.
Sale history
Questions about 4774 Riverside Drive
When did 4774 Riverside Drive last sell?
4774 Riverside Drive last sold in October 2016 for $2,225,000, according to CRMLS-reported closed sales.
What did 4774 Riverside Drive sell for?
$2,225,000, 4.8% below the $2,338,000 list price, after 92 days on the market.
Is 4774 Riverside Drive for sale now?
Yes — 4774 Riverside Drive is currently on the market. Open the current listing on Nalren for photos, details and the listing agent.