3769 Tibbetts, Riverside, CA 92506

About this commercial property

Location, location location defines the first amenity of this attractive investment property. 100% leased!!! Excellent tenant with good rental history! Plenty of parking on Street and on-site. A perfect 1031 tax-deferred exchange property with seller's approval! Many professional medical buildings on Tibbett offering many drive-by prospective new clients for existing tenants! Owner has reroofed the building and replaced all of the air conditioners! In addition, seller has retiled the 2nd floor walkway, and slurry coated the driveway. This is an excellent long-term investment for any savvy investor that is looking for good cash flow and income tax benefits!

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,350,000

Sold August 2023 · listed $1,500,000, on market April 2023 · MLS #IV23058652 · Source: CRMLS

Listing Agent: JOHN PAULLIN · Listing Office: CERTIFIED PROPERTIES · Contact: 909-496-1202 · Bought with: Leon Salajan · PACIFIC REALTY CENTER

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