
Have: RESTAURANT
Sqft: | 1,700 |
Mnthly Rent: $6,025
Property Description: GREAT SET UP RESTAURANT BY THE FAMOUS UNIVERSITY. NO COMPETITION. CURRENTLY IS CHINESE FOOD. BUSY FOOT TRAFFIC. LONG LEASE! GREAT INCOME.
Southern California Riverside Realty
Sqft: | 1,700 |
Type of Lse: | Fsg | Motivation: | Want: | ||||
Mnthly Rent: | $2,977 | Lse Deposit: | % Lease: | Lease/Sqft: | $2,700.00 | ||
W/Prsnt Own: | AvgCustCount: | Tot Assets: | HowLng Est.: |
Bdr: | 3 |
Total Baths: | 3 |
Full Baths: | 2 |
Square Feet: | 1660 |
Lot Sz: | 2614 |
Bdr: | 3 |
Total Baths: | 2 |
Full Baths: | 2 |
Price/Unit: | $155,000 |
GSI: | $32,400 |
Gross Sched Income: | $32,400 | Operating Exp: | $6,804 | Net Operating Income: | $25,596 |
Total Annual Op Exp: | $6,804 | Monthly GSI: | $2,700 | ||
Sep Water Mtrs: | 1 | Sep Gas Meter: | 4 | Sep Electric Mtrs: | 4 |
Gross Sched Income: | $43,200 | Operating Exp: | $9,072 | Net Operating Income: | $34,128 |
Total Annual Op Exp: | $9,072 | Monthly GSI: | $3,600 | ||
Sep Water Mtrs: | 1 | Sep Gas Meter: | 5 | Sep Electric Mtrs: | 5 |
Units: | 3 |
Price/Unit: | $155,000 |
GSI: | $32,400 |
Financial Analysis | ||||||||||||||||||||||||
| ||||||||||||||||||||||||
GSI: | $6,600 |
Total Bldg SQFT: | 1,337 |
Business Type: | Food Services |
Have: | RESTAURANT BUSINESS |
Sqft: | 2,700 |
ASF: | 4252 |
Features: | CC,CR,CF,CW,CU,GA,DE,DY,GC,GR,HW,AH,LW,MF,PB,TK |
Cathedral Ceilings, Cc And R's, Ceiling Fan, Curbs/Walks, Custom Window Covering, Direct Garage Access, Double Door Entry, Driveway, Gated Community, Great Room, Home Warranty Plan, Homeowners Association, Lot 6500-9999, Main Floor Bedroom, Peek-A-Boo View, Turnkey | |
L/P Excludes: | DINING ROOM CHANDELIER, HALLWAY CEILING FAN, WOMAN STATUE IN BACK YARD |
Description: | LUXURY UPGRADES.. BUILT FOR YOU, TH E PROFESSIONAL, DARK KITCH COUNTER TOPS; GE PROFILE APPL; BUTLERS PANTRY; SURROUND-SOUND SYS.IN CEILING; MSTR BDRM W/EXTRA SITTING ROOM, 2 FIREPLACES; CUSTOM PAINT THRUOUT;LUSH LANDSCAPING; FIREPIT,SPECTACULAR POOL W/SPILLOVER SPA; CUSTOM BEVELED GL.DOUBLE ENTRY DOORS;PEDISTAL SINKS 2 BATHS;STEP-IN SHOWER IN DOWNSTAIRS BA.MAIN FLR.BEDROOM PLANTATION SHUTTERS;GREAT ROOM; DUALPANE WINDOWS;BLOCK WALL FENCING; HUGE COV. PATIO. MUST SEE! |
Parcel Size: | 6.5 Acres |
283,140 SqFt |
Property Description: |
THE LOCATION AND 6.5 ACRES OF ORANGE GROVES GIV3 THIS PROPERTY THE VICTORIA "FEEL" WITHOUT THE VICTORIA "PRICE". LOCATED ONE BLOCK FROM VICTORIA THIS FRUIT PRODUCING CITRUS GROVE COULD PROVIDE YOU INCOME WHILE YOU BUILD YOUR DREAM HOME. THE HOUSE IS A MAJOR FIXER AND WILL BE SOLD AS-IS. THE HOUSE IS CURRENTLY TENANT OCCUPIED BUT THE VALUE IS ALL IN THE LAND. THE PROPERTY IS ON SEPTIC AND HAS CITY WATER, ELECTRICITY, AND NATURAL GAS. ALSO INCLUDES 13 SHARES OF GAGE CANAL WATER STOCK. CLOSE TO SCHOOLS, SHOPPING, AND COMMUNITY PARK! NO LOT SPLITS-PROPERTY IS LOCATED IN A GREENBELT(ONE UNIT ONLY). BUYERS TO SATISFY THEMSELVES FOR ALL PERMITS, ZONING, SQUARE FOOTAGE, ETC BEFORE CLOSE OF ESCROW. DO NOT DISTURB TENANTS-SHOWN BY APPOINTMENT ONLY. |
Lot Dimension: | 306 X 821 |
Parcel Size: | 5.9 Acres |
257,004 SqFt |
By 1900, Riverside had become one of the premiere winter resort communities in the nation. Engulfed in twenty thousand acres of Washington Navel orange groves, Riverside served as a center for agricultural innovation, bringing the revolution of corporate capitalism to the southwestern U.S. via the modern citrus enterprise.
Located in the broad, inland valley of the Santa Ana River in Southern California, Riverside numbered among the wealthiest communities per capita in the nation. The University of California Citrus Experiment Station (core of the present University of California, Riverside) brought a tradition of ground-breaking scientific research to the city. Riverside’s renowned Mission Inn hotel, and its inspirational role in the development of the Arts & Craft Style, attracted some of America’s foremost entrepreneurs in search of new recreational, aesthetic and business opportunities. Riverside became a magnet for prosperous, educated practitioners of the Arts and Crafts Movement in the West. in the nation.
Out of this context came the Cornelius Earle Rumsey Indian Collection which later became the Riverside Municipal Museum now known as the Riverside Metropolitan Museum (RMM). The Museum opened in the basement of City Hall on December 12, 1924, when the widow of National Biscuit Company (NABISCO) magnate Cornelius Earle Rumsey donated his collection of Native American artifacts to the City of Riverside. An ordinance, amending the City Charter and establishing a Municipal Museum, was adopted by the City Council on August 27, 1925. The current mission statement found in the city ordinance states that, "All collections and exhibits of the Museum shall generally reflect but shall not necessarily be limited to the specific interpretations of the history, natural history and anthropology of the City and County of Riverside and the immediate environs of southern California." From 1924 on, the collections have grown, typically through donations by prominent citizens and organizations, contributing to RMM holdings in the disciplines of local history, natural history, and anthropology. From 1925-48, the RMM was located in the basement of the old City Hall building on Riverside’s Seventh Street (now Mission Inn Avenue).
In 1987, the main museum building and Heritage House were placed on the National Register of Historic Places. In 2005, the Riverside Municipal Museum changed its name to Riverside Metropolitan Museum.
Financial | ||
City stats | Best places avg. | |
Median family income (per year) | $55,270 | $90,316 |
Family purchasing power (annual, cost-of-living adjusted) | $45,340 | $82,867 |
Sales tax | 7.80% | 6.74% |
State income tax rate (highest bracket) | 9.30%I | 6.38% |
State income tax rate (lowest bracket) | 1.00%I | 2.74% |
Auto insurance premiums (Average for the state) | $2,076 | $2,121 |
Job growth % (2000-2006) | 32.92% | 13.41% |
Housing | ||
City stats | Best places average | |
Median home price | $435,848 | $359,352 |
Average property taxes (2006) | $2,406 | $3,585 |
Education | ||
City stats | Best places average | |
Colleges, universities and professional schools (within 30 miles) | 30 | 29 |
Junior colleges and technical institutes (within 30 miles) | 32 | 18 |
Test scores reading (% above/below state average) | -18.2% | 20.1% |
Test scores math (% above/below average) | -2.0% | 24.8% |
% students attending public/private schools (located within town limits) | 90.1/9.9 | 91.1/8.9 |
Quality of life | ||
City stats | Best places average | |
Air quality index* (% of days AQI ranked as good) | 34.0% | 77.3% |
Personal crime incidents (per 1,000) | 6 | 13 |
Property crime incidents (per 1,000) | 41 | 206 |
Median commute time (in minutes) | 21.2 | 23.1 |
% population with commute 45 mins. or longer | 19.6% | 15.6% |
% population walk or bike to work | 4.5% | 2.7% |