Riverside, CA 92506,3060 Panorama Road
Listed by Eric Chen • CB RICHARD ELLIS
Bought with Yang Zheng • Universal Elite Inc.
$3,300,000
$3,350,000
1.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

14,529 SqFt

3060 Panorama Road Riverside, CA 92506

Est. payment /mo
SOLD DATE : 06/05/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,300,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 14,529 sqft

Price per Sqft $227

MLS Listing ID CRCV25042378

Year Built 1968

Lot Size 2.590 Acres

Property Sub-Type Other

Property Description

We are proud to present an exceptional opportunity to acquire a unit 12-Unit multifamily property located at 3060 Panorama Road in the city of Riverside. Running adjacent to the 91 Freeway, off of Central Avenue and Ivy Street, the property consists of ±14,529 SF of rentable square feet and is situated on a generous ±112,820 SF hillside lot. The property boasts mature landscaping with lovely mountain views, and onsite carport and surface parking. The units are spacious with an average size of 1,211 SF and feature upgraded fully equipped kitchens with electric stoves and oven ranges, dishwashers, in-unit washer and dryer hook-ups, horizontal blinds, AC/heating, modern fixtures, large walk-in closets, spacious patios or balconies, and a combination of stylish plank wood and carpet flooring throughout. 3060 Panorama Road offers a central location with convenient access to the Metrolink Downtown Riverside Commuter Rail Station. The property is also close to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. The Inland Empire, and Riverside in particular, presents a compelling opportunity for multifamily investors seeking portfolio expansion. Riverside benefits from a robust and growing workforce, ancho

Location

State CA

County Riverside

Interior

Heating Other

Cooling Central Air

Laundry Other, Inside

Read Less


Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

agent

Frances Wang

Agent | CA BRE#: 02054925

+1(408) 332-2552

Name
Phone*
Message