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Fourplex with Coin-Operated Laundry Room
For Sale
$1,350,000

9079 Colony Place, Riverside, CA 92503

Well-maintained fourplex with three 2-bed/1-bath units and one 3-bed/2-bath unit plus coin laundry.

Property SizeContact for details
Days on Market60

Property Features for 9079 Colony Place

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multi Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 3 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 4

Amenities

coin-operated laundry room

Building Details

Year Built 1978
Listing Agency: Blue Monkey Realty
Listed By: Ruby Pineda · License #01734964
Source: Exitrealty
Added: Jul 21 Changed: Sep 9 Last Checked: Sep 15 at 5:12AM

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 Blue Monkey Realty

Investment Insights

Based on property information with market context.

This well-maintained fourplex features a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit. Recent property improvements include a new roof and fresh exterior paint.

Utility setup is designed for efficient management, with 4 separate electric meters, 4 separate gas meters, and 1 shared water meter. Additional on-site amenities include a community coin-operated laundry room.

The property also provides 8 on-site parking spaces for residents. Located near shopping, dining, schools, parks, and major freeways, the home is positioned for everyday convenience and rental demand in Riverside.

Key Highlights

  • Three 2‑bedroom, 1‑bath units plus one 3‑bedroom, 2‑bath unit
  • Recent improvements include a new roof and fresh exterior paint
  • 4 separate electric meters, 4 separate gas meters, and 1 shared water meter

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby

Demographics for 92503, CA

90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained fourplex with three 2-bed/1-bath units and one 3-bed/2-bath unit plus coin laundry.
Where is this quadplex located?
The property is located at 9079 Colony Place Riverside, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bath units plus one 3‑bedroom, 2‑bath unit; Recent improvements include a new roof and fresh exterior paint; 4 separate electric meters, 4 separate gas meters, and 1 shared water meter
More about this property
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