3681 Cranford Avenue, Riverside, CA 92507
Apartment buildings
- Added:
- Jan 5, 2026
- Days on Market:
- 184
- Last Refresh:
- Mar 19 at 9:30 pm
Property Features for 3681 Cranford Avenue
General Information
- Standard status
- Active
- Size
- 67,202 SF
- Lot size
- 3.00 Acres
- Property subtype
- Multifamily
Listing office Kidder Mathews
Listing date Jan 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
HighLights
- Significant $600,000 price reduction
- Attractive 6.10% CAP Rate and 9.4 GRM
- Substantial rental upside potential of 10%
- Priced below replacement cost at under $253 per square foot
- Recent renovations to interiors and exteriors, with select units remodeled
- Earthquake retrofit, seismic upgrades, newer roofs and rain gutters
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.75M | $26.04 |
| − Vacancy | −$91.0k | −$1.35 |
| EGI | $1.66M | $24.69 |
| − OpEx | −$746.5k | −$11.11 |
| NOI | $912.4k | $13.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.3444306
- Latitude
- 33.9772996
