9039 Colony Place, Riverside, CA 92503

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Sold Price
$1,230,000
List Price
$1,300,000
Closing Date
Jan 14, 2026
Status
CLOSED
MLS#
P1-23546
Year Built
1978
Lot Size
8,712
Acres
0.20
Lot Location
Front Yard
Days on Market
135
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Dreamed of owning income property, with $20,000 of upgrades, just completed? 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?

Additional Information

Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Patio
Balcony
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$84,900
Operating Expense
14856

Listing courtesy of Listing Agent: Nancy L McSween (nancymcsween@aol.com) from Listing Office: COMPASS.

Listing sold by April Mota-Igualate from First Team Real Estate

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.