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9059 Colony Place, Riverside, CA 92503

Fourplex · 2 recorded sales since 2016

9059 Colony Place, Riverside, CA 92503 Sold October 2025 CRMLS
$1,345,300Sold October 2025

Listing Agent: Douglas Lee (DRE #01463907) · Listing Office: COMPASS · Contact: 650-279-1212 · Bought with: Choeun Kem · Pacific Delta · MLS #AR25048685 · Source: CRMLS

9,583 sqft
Lot Size
1978
Year Built
Fourplex
Type
2
Stories
0
Garage
CentralAir
Cooling
None
Heating

About this fourplex

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$1,345,300
Sold October 2025 · listed $1,350,000, orig. $999,950, on market March 2025 · MLS #AR25048685 · Source: CRMLS
Listing Agent: Douglas Lee · Listing Office: COMPASS · Contact: 650-279-1212 · Bought with: Choeun Kem · Pacific Delta
$539,900
Sold December 2016 · orig. $550,000, on market November 2016 · MLS #TR16738828 · Source: CRMLS
Listing Agent: Virginia Bellinis · Listing Office: Coldwell Banker Tri-Counties R · Contact: 909-861-9835 · Bought with: Cecilia Hernandez · First Union Real Estate
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