Riverside, CA 92503 9039 Colony Place
$1,350,000
10 more
Presented By: Nancy McSween with COMPASS - (626) 695-4665
- MLS# P123546
- 08/04/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 9
Baths • 5
SQFT • 4,080
Home Details
Dreamed of owning income property? This 4-unit townhouse style property comprises 9 bedroom/6 baths and will EXCEED ALL your EXPECTATIONS! Each townhome has two floors with 1,000 square feet of living space, and each with its own private patio area. Unit A has 3 bedrooms/2 baths with its ensuite! UNIT B - D has 2 bedrooms/1 baths each, all with central air/heat in each unit. The four units share a community laundry room that is coin-operated and serviced by a 3rd party. For added convenience, there are 8-9 assigned parking spaces at the front of the units. The property is at the end of the cul-de-sac located behind the renovated Stater Brothers shopping center with a Canes nearby.There have been yearly rental increases, and after all expenses, there is a PROFIT! Why wait?
Presented By: Nancy McSween with COMPASS - (626) 695-4665
Interior Features for 9039 Colony Place
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall, No One Above, No One Below
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile
Heating Y/NYes
Interior AmenitiesAll Bedrooms Up
Laundry FeaturesCommon Area, Laundry Room
Total Stories2
Other Rooms
Room TypeBedroom, Living Room
General for 9039 Colony Place
Additional Parcels Y/NNo
AppliancesGas Oven, Gas Range, Gas Water Heater, Refrigerator
Architectural StyleContemporary
CityRiverside
Community FeaturesCurbs, Street Lights, Sidewalks
CoolingCentral Air
CountyRiverside
DirectionsFrom the CA-60 East toward Riverside, take exit 42 onto Van Buren Blvd toward Etiwanda Ave - Turn right onto Van Buren Blvd, left onto Jackson St, and left onto Colony Place
ExclusionsTenant appliances-Unit C - refrigerator-Unit D - refrigerator
Garage Spaces
Garage Y/NNo
Gross Income84900
HOA Fee$
HeatingCentral
Insurance Expense4513.3
Land Lease Y/NNo
LevelsTwo
Lot Size Square Feet8712
Lot Size UnitsSquare Feet
MLS Area252 - Riverside
Net Operating Income3937.8
Number Of Units Total4
Number of Units Leased4
Operating Expense14856
Patio/Porch FeaturesBalcony
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityRIVERSIDE
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNot Applicable
Tax Lot6
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent7075
Trash Expense2409.12
ViewNone
Water Sewer Expense2400
Year Built1978
Year Built SourceAssessor
Exterior for 9039 Colony Place
Building Area Total4080
Exterior AmenitiesBalcony
FencingWood
Foundation DetailsSlab
InclusionsLandlord appliancesUnit A - Stove - NEWUnit B - appliancesUnit C - appliances
Lot FeaturesFront Yard
Lot Size Acres0.2
Lot Size Area8712
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesAssigned
SpaNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate