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Updated over 7 years ago on . Most recent reply

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34
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Sara Soleimani
  • Long Beach, CA
13
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34
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Rentals close to UC Riverside

Sara Soleimani
  • Long Beach, CA
Posted

Hello BP Community,

I am researching the area close to UCR and it seems it cash flows pretty well compare to the other area in Socal. Has anyone had any experience with that area and the student renters?

Any information is appreciated! Thanks.

Most Popular Reply

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319
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194
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Aaron Norris
  • Lender
  • California and Florida
194
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319
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Aaron Norris
  • Lender
  • California and Florida
Replied

Hi Sara, our office is over off of Spruce and I actually grew up by UCR! Riverside has colleges in town and the student thing has become an issue. In particular, UCR has taken lots of heat for students in housing around the university. Landlords were dividing up dining room into bedrooms and cramming as many students as possible into the house. Then the students would have parties and tick off the neighbors. The issue blew up in 2014 and the city launched some ordinances.  

This articles talks about it and also links to some good things to know, I live in an HOA close to UCR and we've had similar problems. As many as 6-8 students packed into houses and they took up all the parking. The HOA launched parking restrictions.

https://highlandernews.org/12607/ucr-students-prot...

Not sure what your end game is. However, while school is still in session, come out in the evening one night and drive through the neighborhood. You'll get a sense of what's going on because if there are a lot of students in the neighborhood, you'll be able to tell by the number of cars on the street. 

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