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$1,345,300

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 9059 Colony Pl

General

  • Sold For: $1,345,300
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR25048685
  • Added to Site: 296 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down
  • Interior Features: Unfurnished
  • Fireplace(s): None
  • Appliances: Gas Oven, Refrigerator
  • Flooring: See Remarks

Rooms

Other Rooms

  • Laundry: Community, See Remarks

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Paved, On-Site, Parking Space, Private, Uncovered
  • Parking: Paved, On-Site, Parking Space, Private, Uncovered

Location

  • Area: 252 - Riverside
  • County: Riverside
  • Development Name: 252 - Riverside
  • Driving Directions: Head south on Van Buren. Then head east on Jackson, then a left on Colony Pl.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Architectural Style: See Remarks
  • Foundation: Slab
  • Roof: Composition
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,784
  • Year Built: 1978

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.22
  • Lot Size Source: Assessor
  • Zoning: R3
  • Lot Description: Back Yard, Cul-de-Sac, Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $355.52
  • Price Per Unit: 337500

Listed by Compass, Douglas Lee
Sold by Pacific Delta, Choeun Kem

Listing agent

— 9059 Colony Pl —

  • Douglas Lee

    Compass

650-279-1212

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 9059 Colony Pl

School District:Riverside Unified School District
NameGradesDistance
Jackson Elementary School, Riverside, CA
4585 Jackson Street, Riverside, CA 92503
K-60.5 mi
Chemawa Middle School
8830 Magnolia Avenue, Riverside, CA 92503
7-81.6 mi
Ramona High School, Riverside, CA
7675 Magnolia Avenue, Riverside, CA 92504
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9059 Colony Pl

Date
Details
Price
Change
Source
10/21/2025
Sold
$1,345,300
-0.35%
MLS
4/08/2025
Price Increased
$1,350,000
35.01%
MLS
3/25/2025
Listed
$999,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, Douglas Lee
Sold by Pacific Delta, Choeun Kem

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9059 Colony Place, Riverside, CA 92503 (MLS# AR25048685) is a Multi-Family property that was sold at $1,345,300 on October 21, 2025. Want to learn more about 9059 Colony Place? Do you have questions about finding other Multi-Family real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.