9039 Colony Place, Riverside, CA 92503

$1,230,000
4,080
SqFt

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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
Living Sq. Ft
4,080
Lot Size
8,712
Lot Location
Front Yard
Days on Market
157
Property Type
Multifamily
Style
Contemporary
Stories
2
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

Land Lease Type
Fee
Lot Description
Front Yard
Appliances
Refrigerator, Gas Oven, Gas Range, Gas Water Heater
Fireplace Description
None
View
None

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Calculator source: Real Geeks

Listing courtesy of COMPASS. Selling Office: .