137 Riverside Ave Roseville, CA 95678-3143
- Retail space
- 1,312 SF
- 0.09 lot acres
Apr 08, 2022
Current Use by Public Records
- PURE Property Management of California / Property Management Company / Real Estate Agent
Property Details for 137 Riverside Ave
- Year built
- 1932
- Construction
- WOOD
- Lot size
- 0.09 lot acres
- Property size
- 1,312 SF
- Zone code
- C3
- Property type
- Retail space
- APN
- 014-091-016-000
- APU
- 14091016000
Description
This exceptional Roseville investment property presents a rare opportunity to acquire a unique assemblage of three parcels totaling 4,891 square feet on a 0.27-acre lot in the desirable Old Roseville district. The property comprises two retail/office buildings, ideally suited for a variety of commercial uses. Adding to its versatility, the assemblage includes a one-bedroom apartment attached to one of the retail buildings, providing potential for rental income or owner occupancy. A separate, detached two-bedroom, one-bathroom house with a substantial storage shed offers additional income potential or flexibility for expansion. All parcels share a secure, gated parking lot, enhancing the convenience and appeal of the property. Strategically located on Riverside Avenue, just south of Douglas Boulevard, this property enjoys high visibility and proximity to established businesses, including Carmelita's Mexican Restaurant. The property's location in historic Old Roseville offers a unique blend of charm and accessibility, making it an attractive investment for both seasoned and emerging investors seeking a multi-faceted opportunity in a thriving California market. The property is zoned for retail use and is available for sale or lease. The Placer County location provides access to a strong local economy and a diverse population base. This is a truly unique opportunity to acquire a well-positioned, income-generating property with significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $225,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $340,000
- 6.5%
- $315,000
- 7%
- $290,000
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Location Insight
- Map
- Local Demand
- City
- Roseville
- County
- Placer
- State
- California
- Longitude
- -121.29
- Latitude
- 38.7424
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA