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University Multifamily Home for Sale

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    $23,995,000

    • 8 Beds
    • 6 Baths
    • 89,517 Sq Ft

    3681 Cranford Ave, Riverside, CA 92507

    Built in 1964 and 1977, the properties consist of approximately 90,000 of rentable square feet, totaling 113 units and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 Bedroom, 1 Bedroom & studio units. The property is situated on approximately 4 acres of land that include

    Jonathan Mitchell Kidder Mathews of California, Inc

    3681 Cranford Ave, Riverside, CA 92507

About University

The University neighborhood in Riverside, California, is a vibrant area rooted in its origins as an agricultural research site for the University of California-Riverside. This neighborhood has grown into a bustling college-town community, offering a mix of shopping, dining, and entertainment options. Housing is competitive, with a variety of condominiums, townhouses, and single-family homes, including single-story ranch styles and pool homes with craftsman or Spanish-Mediterranean accents. Local grocery stores include Goodwin's, University Village Market, and Food 4 Less. Dining options are plentiful, with The Barn being a popular spot for comfort food, including vegan and vegetarian dishes. The Riverside Arts Walk, held monthly, and the annual Festival of Lights at the Mission Inn Hotel & Spa are notable attractions. Highland Elementary School and John W. North High are highly rated, with the latter offering AP and IB programs. Outdoor activities are abundant, with Highland Park, Andulka Park, and Mount Rubidoux Park providing various recreational opportunities. The University of California Botanical Gardens is a 40-acre site with walking trails and workshops. The neighborhood is 10 miles from San Bernardino and less than 20 miles from Ontario International Airport, with convenient access to the 60 Freeway. Public transit is widely available, and the area is walkable, though commuting can sometimes lead to congestion.

Home Trends in University, CA

Home Trends

Median Price (12 Mo)
$565,000
Median Single Family Price
$633,000
Median 2 Bedroom Price
$365,000
Median 1 Bedroom Price
$270,000
Average Price Per Sq Ft
$400
Number of Homes for Sale
12
Last 12 months Home Sales
162
Months of Supply
0.90
Median List Price
$550,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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