Van Rao
Prime One Realty
(619) 329-5175
23 Total Sales
1 in La Sierra
$460,000 Price
10640 Burton St Riverside, CA 92505
La Sierra NeighborhoodEstimated Value: $1,060,000 - $1,295,000
2
Beds
1
Bath
3,950
Sq Ft
$298/Sq Ft
Est. Value
About This Home
As of December 2020100% Occupied Riverside Fourplex with Below market rents and all tenants paying! This is the first time this property has been on the market for over 30 years. The property consists of one four unit building. All units are two bedroom one bathroom with two units being upstairs and two downstairs. Tenants are responsible for gas and electric and owner pays for water, sewer and common area utilities. Each unit has two parking spaces on the premises with 2 of the units having covered garage spaces. All tenants are currently paying full rent have lease expirations coming in the near future. This will allow a buyer to substantially increase rents in the units over the next year. Recent Upgrades to the property include newly repaved driveway and parking lot, exterior paint, plumbing upgrades and more. This property can be purchased by itself or with 10652 Burton St.
Last Agent to Sell the Property
Citivest Inc License #01819074 Listed on: 10/08/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 7,841 Sq Ft Lot
- No Common Walls
- Front Yard Sprinklers
- Lawn
- Land Lease
Parking
- 6 Open Parking Spaces
- 2 Car Garage
Home Design
- 3,950 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 33
- Tax Tract Number 41407
- Assessor Parcel Number 143243001
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $550
- Fuel Expense $800
- Insurance Expense $1,750
- Maintenance Expense $5,500
- Professional Management Expense $3,480
- Trash Expense $915
- Water Sewer Expense $1,400
- New Taxes Expense $9,350
- Operating Expense $23,745
- Gross Income $400
- Net Operating Income $45,955
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2020
Closed on
Jan 11, 2021
Sold by
Bought by
Seller's Agent
Matthew Hopkins
Citivest Inc
Buyer's Agent
Kevin Chiang
West Shores Realty, Inc.
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,983
Avg. Annual Appreciation
6.48%
Purchase Details
Listed on
Oct 8, 2020
Closed on
Oct 23, 2020
Sold by
Bought by
Seller's Agent
Matthew Hopkins
Citivest Inc
Buyer's Agent
Kevin Chiang
West Shores Realty, Inc.
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 12, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.54%
Mortgage Type
Commercial
Purchase Details
Closed on
May 22, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in La Sierra, CA
-
Van Rao
-
Ashley Prieto
Ashley Prieto
KW Temecula
(951) 666-8785
20 Total Sales
2 in La Sierra
$685,000 Price Range
-
Dylan Trujillo
Dylan Trujillo
ROA California Inc
(909) 404-9390
62 Total Sales
2 in La Sierra
$595,000 Price Range
-
Albert Marin
Albert Marin
Re/Max Top Producers
(951) 456-4305
67 Total Sales
1 in La Sierra
$580,000 Price
-
Luz Nunez
Luz Nunez
First Team Real Estate
(949) 373-4727
101 Total Sales
2 in La Sierra
$235,000 Price Range
-
John Nicols
John Nicols
Nicols Real Estate and Loans, Inc
(657) 332-0825
38 Total Sales
2 in La Sierra
$80K - $840K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $840,000 | Ticor Title | ||
| -- | Pacific Coast Title | ||
| -- | First American Title Co | ||
| -- | -- | ||
| -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $470,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $233,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $472,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $195,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2020 12/22/20 | Sold | $825,000 | -2.9% | $209 / Sq Ft |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $849,900 | -- | $215 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,325 | $927,424 | $126,967 | $800,457 |
| 2025 | $10,969 | $909,240 | $124,478 | $784,762 |
| 2023 | $10,969 | $873,936 | $119,646 | $754,290 |
| 2022 | $10,153 | $856,800 | $117,300 | $739,500 |
| 2021 | $9,970 | $840,000 | $115,000 | $725,000 |
| 2020 | $2,269 | $181,654 | $66,812 | $114,842 |
| 2019 | $2,241 | $178,093 | $65,502 | $112,591 |
| 2018 | $2,212 | $174,602 | $64,218 | $110,384 |
| 2017 | $2,173 | $171,179 | $62,959 | $108,220 |
| 2016 | $2,139 | $167,824 | $61,725 | $106,099 |
| 2015 | $2,108 | $165,305 | $60,799 | $104,506 |
| 2014 | $2,100 | $162,069 | $59,609 | $102,460 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Hopkins
Seller's Agent in 2020
Matthew Hopkins
Citivest Inc
(949) 548-2077
1 in this area
28 Total Sales
-
Kevin Chiang
Buyer's Agent in 2020
Kevin Chiang
West Shores Realty, Inc.
(626) 258-9221
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20211416
APN: 143-243-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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