Arthur Cervantes
Arthur Cervantes Properties Inc
(657) 239-4578
109 Total Sales
1 in La Sierra
$220,000 Price
10671 Burton St Riverside, CA 92505
La Sierra NeighborhoodEstimated Value: $972,000 - $1,184,000
3
Beds
2
Baths
3,300
Sq Ft
$328/Sq Ft
Est. Value
Highlights
- Gated Parking
- 4 Car Direct Access Garage
- Wall Furnace
- No HOA
- Level Lot
About This Home
As of April 2021INVESTORS DREAM PROPERTY! LOCATION, LOCATION, LOCATION!! 100% Occupied Riverside Fourplex. All tenants are currently paying full rent and are on month to month rental agreements. This will allow a buyer the flexibility to increase rents in the near future if they wish. This property is located within 1 mile of both the Tyler Galleria and Kaiser hospital. This property is a four unit property with two 2 bd. 1 ba. units on the ground floor, and at the rear of the property are two 1 bd. 1 ba. units upstairs. Each unit comes with a single car attached garage which is located in the rear of the property. A vehicle can also be parked directly in the back of tenants' assigned garage for additional parking. The garages are in an alley that is gated by the River Glen Apartments. The new owners can join the River Glen Apartments Association for a dollar amount that is up to the association. This would allow your tenants to be able to use the River Glen Apartments swimming pool, bringing even more value to your units. Tenants are responsible for their own gas, electric. The owner pays for common area electric and water. A washer and Dryer are in the garage and are coin operated and owned by an outside vendor. This would be an additional income stream for the new owner if they wanted to operate this on their own in the future. Recent upgrades include a brand new roof, newly painted fascia board. Bring your investors!! Listing agent is related to sellers.
Last Agent to Sell the Property
U.S. Real Estate Services, Inc Brokerage Phone: 949-540-5453 License #01261783 Listed on: 02/26/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 7,405 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 4 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Gated Parking
Home Design
- Composition Roof
Interior Spaces
- 3,300 Sq Ft Home
- 2-Story Property
- Laundry in Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 39
- Tax Tract Number 414
- Assessor Parcel Number 143242002
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Insurance Expense $2,000
- Maintenance Expense $700
- Water Sewer Expense $840
- New Taxes Expense $9,444
- Operating Expense $13,494
- Gross Income $52,800
- Net Operating Income $39,306
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
Feb 26, 2021
Closed on
Mar 8, 2021
Sold by
Bought by
Seller's Agent
Ryan Robson
U.S. Real Estate Services, Inc
Buyer's Agent
TYLER HUNGERFORD
Serhant California, Inc
List Price
$799,999
Sold Price
$832,000
Premium/Discount to List
$32,001
4%
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
$249,283
Avg. Annual Appreciation
5.00%
Original Mortgage
$624,000
Outstanding Balance
$548,704
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$532,579
Purchase Details
Closed on
Sep 25, 2009
Sold by
Bought by
Purchase Details
Closed on
May 31, 2009
Sold by
Bought by
Purchase Details
Closed on
May 29, 2009
Sold by
Bought by
Purchase Details
Closed on
Nov 5, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 20, 2004
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
$365,600
Interest Rate
6.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 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
$264,000
Interest Rate
5.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 5, 2001
Sold by
Bought by
Purchase Details
Closed on
Oct 2, 2000
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
$193,405
Interest Rate
7.71%
Mortgage Type
FHA
Purchase Details
Closed on
May 12, 2000
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
$8,000
Interest Rate
8.27%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 4, 1999
Sold by
Bought by
Purchase Details
Closed on
May 7, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in La Sierra, CA
-
Arthur Cervantes
-
Michael Wysocki
Michael Wysocki
Coldwell Banker Assoc.Brkr-Mur
(951) 476-2219
81 Total Sales
2 in La Sierra
$665,000 Price Range
-
Kelly McLaren
Kelly McLaren
Keller Williams Realty
(951) 432-5018
185 Total Sales
2 in La Sierra
$800,000 Price Range
-
Loganda Mahesh, GRI
Loganda Mahesh, GRI
Maclons Capital Realty
(562) 568-5356
38 Total Sales
1 in La Sierra
$760,000 Price
-
Kimberly Ingram
Kimberly Ingram
Allison James Estates & Homes- Kimberly Ingram
(657) 297-5179
175 Total Sales
1 in La Sierra
$590,000 Price
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
178 Total Sales
1 in La Sierra
$590,000 Price
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 |
|---|---|---|---|
| $832,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | Ticor Title Company Of Ca | ||
| $182,000 | Ticor Title Company Of Ca | ||
| $546,579 | None Available | ||
| -- | Ticor Title Company Of Ca | ||
| -- | First American Title Co | ||
| -- | -- | ||
| $195,000 | Fidelity National Title | ||
| -- | -- | ||
| -- | -- | ||
| $147,000 | Fidelity Title |
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 |
|---|---|---|---|
| Open | $624,000 | ||
| Previous Owner | $520,800 | ||
| Previous Owner | $365,600 | ||
| Previous Owner | $264,000 | ||
| Previous Owner | $193,405 | ||
| Previous Owner | $8,000 |
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 |
|---|---|---|---|---|
| 04/12/2021 04/12/21 | Sold | $832,000 | +4.0% | $252 / Sq Ft |
| 02/26/2021 02/26/21 | For Sale | $799,999 | -- | $242 / 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 | $11,217 | $918,592 | $165,611 | $752,981 |
| 2025 | $10,865 | $900,581 | $162,364 | $738,217 |
| 2023 | $10,865 | $865,612 | $156,060 | $709,552 |
| 2022 | $10,057 | $848,640 | $153,000 | $695,640 |
| 2021 | $2,759 | $222,581 | $90,067 | $132,514 |
| 2020 | $2,716 | $220,300 | $89,144 | $131,156 |
| 2019 | $2,682 | $215,982 | $87,397 | $128,585 |
| 2018 | $2,647 | $211,748 | $85,684 | $126,064 |
| 2017 | $2,600 | $207,597 | $84,004 | $123,593 |
| 2016 | $2,559 | $203,527 | $82,357 | $121,170 |
| 2015 | $2,522 | $200,471 | $81,121 | $119,350 |
| 2014 | $2,513 | $196,546 | $79,533 | $117,013 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Robson
R
Seller's Agent in 2021
Ryan Robson
U.S. Real Estate Services, Inc
(949) 598-9920
1 Total Sale
-
TYLER HUNGERFORD
Buyer's Agent in 2021
TYLER HUNGERFORD
Serhant California, Inc
(951) 660-5981
1 in this area
146 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21040446
APN: 143-242-002
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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