9920 Arlington Ave Riverside, CA 92503

Property Details for 9920 Arlington Ave

Year built

1970

Lot size

2.00 lot acres

Property size

2,448 SF

Zone code

C1

Property type

Manufacturing properties

APN

151-020-001

APU

151020001

Description

This exceptional 87,120-square-foot industrial property, located at 9920 Arlington Ave in Riverside, CA 92503, presents a compelling owner-user opportunity. The single-story building, constructed in 1970 and extensively renovated in 2022, sits on a two-acre lot and boasts a 10' to 14' ceiling height. The property features a 5,248-square-foot free-standing building comprising approximately 2,624 square feet of office space and 2,624 square feet of warehouse space. Additional improvements include an 8,000-square-foot metal canopy and ample extra storage areas. The office area includes four separate offices, a lobby, kitchenette, lunchroom, and two restrooms (one full bath, one half bath). A significant upgrade includes a newly poured 12,000-square-foot concrete slab (4,500 psi) ideal for heavy machinery. Security features include new wrought iron fencing and motorized gates. The property is fully occupied, offering a strong pro-forma NOI of $306,288 and a pro-forma cap rate of 6.13%. The asking price is $4,999,000 ($57.38/SF), with a land value of $61.41/SF. The property is zoned BMP (Business and Manufacturing Park) – verification with the City of Riverside is recommended. Two access gates provide convenient entry and exit. This well-maintained property offers significant potential for expansion and is perfect for investors or contractors seeking a low-maintenance asset in a desirable Riverside location.

Location Insight

City

Riverside

County

Riverside

State

California

Longitude

-117.472

Latitude

33.9458

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments