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Back 9059 Colony Place
Off Market

9059 Colony Place

Riverside CA 92503

8
4
9583 sq. ft.
Multi-Family
Last sold for $1,345,300
Douglas LeeDouglas Lee, last sold this property on 21 October 2025 after 112 days on market.

Overview

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Features

8 bedrooms
4 bathrooms
9583 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Riverside over the last 12 months.

Property history for 9059 Colony Place

2025
Sold
$1,345,300
21 Oct 2025 by Douglas Lee, of COMPASS

Happy sellers in Riverside

74%
74% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Riverside over the last 12 months.

Local market activity for 8 bedroom multi families in Riverside

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